College Funding Strategic Planning

Education Funding With 529 Savings Plans

Important Considerations ,[object Object],[object Object],[object Object],[object Object],[object Object]

Rising Cost of a College Education ,[object Object],[object Object],Source: “The College Board Trends In College Pricing, 2006. Page 11, Table 4B”

Rising Cost of a College Education ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: Pg 10, The College Board Executive Summary, Trends in College Pricing, 2006.

The Rising Cost Of A College Education ,[object Object],[object Object],Source: “The College Board, Trends In College Pricing 2006”. Average College Costs include tuition, fees, room and board, students full cost of attendance includes books, supplies, transportation and other living expenses included in students budgets.

There are two types of 529 Plans ,[object Object],[object Object],[object Object],[object Object]

Why are 529 College Savings Plans Receiving So Much Attention? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The Facts About 529 College Savings Plans

Why Choose a 529 Plan? * The $60,000/$120,000 contributions are, in effect, treated as five separate $12,000/$24,000 annual exclusion gifts (one for the current year and then one in each of the next four years). No Federal Gift tax will result as long as you make no other gifts to the beneficiary in the same five-year period. As always, tax advantages of 529 Plans may be affected due to the possibility that Congress can change tax laws at any time. Please consult your tax advisor regarding your personal situation. Almost any adult can establish a 529 Plan. Eligibility to Participate Aggregate contribution limits vary by state. Account owners may contribute up to $60,000 per beneficiary if filing single or up to $120,000 if filing jointly for estate planning considerations.* Contribution Limits. ,[object Object],Tax Advantages. Benefits Features

Why Choose a 529 Plan? One tax-free transfer or rollover of benefits from one 529 college savings Plan to another for the same beneficiary may be allowed during a 12-month period. The rollover must be completed within 60 days of the withdrawal. Ability to Rollover to another Plan or change Designated Beneficiary. ,[object Object],Flexibility. Benefits Features

Why Choose a 529 Plan? Most plans offer several investment options. Investment Options. ,[object Object],Naming of Beneficiaries. Benefits Features

Federal Tax Advantages of a 529 Plan ,[object Object],[object Object],[object Object],[object Object]

State Tax Treatment ,[object Object],[object Object],[object Object],[object Object],Since 529 College Savings Plans are state-sponsored, some may provide state income tax advantages for residents or taxpayers of that state. These benefits may include tax deductions for contributions to the plan and/or exemptions from state tax for qualified higher education distributions. Please consult with a tax advisor regarding the state tax implications of the specific Plan. Source: ”UBS 529 Plan brochure ”Invest in the future Using 529 Plans to Fund Higher Education” 2006. Tax advantages may be affected due to the possibility that Congress can change tax laws at any time.

What Are Qualified Higher Education Expenses? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: “Technical explanation of h.r. 4 The Pension Protection Act of 2006 As Passed by the House on July 28th, 2006 And As Considered By the Senate on August 3, 2006”.

What Are Eligible Institutions? ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: The Higher Education Act of 1965. part A. Amended, 1998.

Who Is Eligible to Establish a 529 Plan? ,[object Object],[object Object],[object Object],[object Object],Note, Both the person establishing a 529 Plan and the beneficiary must be U.S. citizens or legal resident and have a Social Security number or Taxpayer I.D. number.

Rights of the 529 Plan Account Owner ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

How Much Can You Contribute To A 529 Account? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What types of Investment Options are available in 529 Plans? ,[object Object],[object Object],[object Object],[object Object]

What If My Child Receives a Scholarship? ,[object Object],[object Object],*Source: Pension Protection Act of 2006,Subsection(b)(3) to 7, pub107-16Sec402(a)(3)(A),,(4)(A),901

What If the Beneficiary Does Not Attend College? ,[object Object],[object Object],[object Object],[object Object]

Your Financial Advisor ,[object Object],[object Object],[object Object],[object Object]

Disclosures ,[object Object],[object Object],[object Object]

Contact information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object [Name] Tel: [+XX-XXX-XXX XXXX] [email@XXXX] A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A ABC corp. A A UBS Financial Services Inc. www.ubs.com/financialservicesinc © 2007 UBS Financial Services Inc. All Rights Reserved. Member SIPC. UBS Financial Services Inc. is a subsidiary of UBS AG. Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object Layout Box: Select this box and use it to: Insert text - type text and apply a style Insert a Table or MS Graph Resize an object

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