What is a great way to save for my child’s College Education?
Call Jeremy or Phil to set up a no obligation appointment.
A tax break is a terrible thing to waste. So, if you’re not taking
advantage of the 529 College Savings Plan, you may be missing out on
an exceptional opportunity. The State of Indiana has a tax credit**
available to Indiana Residents for contributions to the CollegeChoice
529 Investment Plan®.
A 529 allows for tax deferred growth on your investment and qualified
withdrawals*** are free of federal and state taxes. Coupled with the
state tax credit, this could be an excellent way to save for yours,
your child’s or your grandchild’s college education.
We’d be happy to sit down with you and go over these materials.
If you are interested in discussing this further, please contact us.
Fagan Ph (317) 705-8155, firstname.lastname@example.org
Phil Blum Ph (317) 705-8148, email@example.com
Financial Services for Individuals and Businesses
Phil Blum and Jeremy Fagan are registered representatives of and offer
securities through MML Investors Services, Inc., member SIPC. Supervisory
office located at 900 E 96th St., Suite 300, Indianapolis, IN 46240,
*Licensed but not practicing on behalf of MML Investors Services, Inc.
or Massachusetts Mutual Life Insurance Company.
**Indiana taxpayers are eligible for a state income tax credit of 20%
of contributions to their CollegeChoice 529 account, up to $1,000 credit
per year. This credit may be subject to recapture from the account
owner (not the contributor) in certain circumstances, such as rollover
to another state’s 529 plan or non-qualified withdrawal.
***Earnings on non-qualified withdrawals are subject to federal income
tax and may be subject to a 10% federal penalty tax, as well as state
and local income taxes. The availability of tax or other benefits may
be contingent on meeting other requirements.