College Planning

Every parent wants to provide their children with the best opportunities in life. At Wall Street Alliance Group we believe that the greatest gift that you can give to your children is the gift of education. The job market is becoming exceedingly competitive which makes college education very important. College costs are rising every year and for parents it becomes prudent to start planning for this major expenditure as early as possible. We encourage our clients to save for their childrenís education by investing in college 529 plans which may offer the following benefits:

  • Investments grow on a federally tax deferred basis.
  • Withdrawals are also generally federally tax free as long as the funds are being used for qualified higher education expenses.
  • Funds can be used at most accredited colleges and universities in the United States.
  • Beneficiaries can be changed for unused funds.

Each individualís situation is unique and we can help design a plan which will suit your specific needs. Call one of our experienced financial professionals at (866) 535-8771 to schedule a consultation.

You should consider, before investing in a 529 Plan, whether you or your beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. 529 Plans are not guaranteed and when redeemed, investor's shares may be worth less than their original cost.  529 plans are sold by an offering statement only and should be reviewed prior to investing.