Help Clients Know Before They Withdraw

The day you helped a client save for their educational goals, you solidified your role as their trusted financial advocate.

Fast forward several years. Now, your client is facing the need to spend down what they saved. These withdrawal tips are a valuable resource for you on everything 529, including how to help clients:

Create a spending strategy
Avoid withdrawal taxes and penalties resulting from distributions for non-qualified expenses
Minimize the impact of distributions on financial aid eligibility, and more.

To download your 529 Withdrawal Tips, just click the button below

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Want to read even more on smarter 529 distributions? Click here.

By clicking on one of the links, you are leaving the CollegeChoice Advisor website, maintained by Ascensus, and are being redirected to a site solely maintained by a third party. Ascensus Broker Dealer Services, LLC, the program manager for CollegeChoice Advisor, does not monitor or endorse any of the third parties’ activities. All content is the sole responsibility of the third party.

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For more information about the CollegeChoice Advisor 529 Savings Plan ("CollegeChoice Advisor"), contact your financial advisor, call 1.866.485.9413, click here to obtain a Disclosure Booklet, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing. Ascensus Broker Dealer Services, LLC (ABD) is Distributor of CollegeChoice Advisor.

Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You also should consult a financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact your home state's 529 plan(s), or any other 529 plan, to learn more about those plan's features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

CollegeChoice Advisor is administered by the Indiana Education Savings Authority (Authority). ABD, the Program Manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping and administrative services, and marketing. CollegeChoice Advisor's Portfolios invest in: (i) exchange-traded funds; (ii) mutual funds; (iii) separate accounts; (iv) a cash preservation account held in trust by the Authority at New York Life; and/or (v) an FDIC-insured omnibus savings account held in trust by the Authority at NexBank. Except for the Savings Portfolio, investments in CollegeChoice Advisor are not insured by the FDIC. Units of the Portfolios are municipal fund securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, depending on market conditions, you could lose all or a portion of your money by investing in CollegeChoice Advisor. Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Upromise is an optional service offered by Upromise, Inc., is separate from the CollegeChoice Advisor 529 Savings Plan, and is not affiliated with the State of Indiana. Terms and conditions apply to the Upromise service. Participating companies, contribution levels, and terms and conditions are subject to change at any time without notice. Transfers from Upromise to a CollegeChoice Advisor 529 Savings Plan account are subject to a $25 minimum.

Upromise and the Upromise logo are registered service marks of Upromise, Inc.

Help Clients Know Before They Withdraw

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