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Investments


College Savings

Creating the expectation of college for children is easier when there is a solid financial plan in place ahead of time. Woodmen of the World financial advisors can help you to make this dream a reality by recommending the very flexible 529 College Savings Plan. It is a tax-advantaged way to save for higher education. There are many plans in the market today, but this plan offers certain distinct benefits to assist in maximizing your college savings.

State-sponsored 529 College Savings Plans are a smart, affordable way to help finance your child's college education. Here's how you can benefit.

  • Federal tax-free earnings and qualified withdrawals1
  • You control the account
  • Flexible spending options
  • Professional money management

1 The 529 College Savings Plan is federally tax-free for qualified withdrawals, but state tax treatment varies. State taxes may still apply to distributions from the plan or from plans of other states. Contact your professional tax adviser for details.

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