College savings are a down payment on their dreams .
CHET
ADVISOR
529 College Savings Program
Connecticut Higher Education Trust
A college education is one of the highest expenses your clients will ever encounter . As their advisor , you can help them prepare for this cost and invest in their children ’ s future .
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On May 29 , National 529 Day , consider helping your clients with children or grandchildren see the benefits of opening a college savings plan to help save for higher education expenses . 1
Fidelity provides a range of resources that help you prepare your clients to reach their financial , saving , and life goals . Visit i . fidelity . com / 529 today so you can help your clients get ready for a better tomorrow .
Not FDIC Insured • May Lose Value • No Bank Guarantee Not NCUA or NCUSIF insured . May lose value . No credit union guarantee .
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Up to $ 10,000 per taxable year in 529 account assets per beneficiary may be used for tuition expenses in connection with enrollment at a public , private , or religious elementary or secondary educational institution . Although the assets may come from multiple 529 accounts , the $ 10,000 qualified withdrawal limit will be aggregated on a per beneficiary basis . The IRS has not provided guidance to date on the methodology of allocating the $ 10,000 annual maximum among withdrawals from different 529 accounts .
For investment professional use only . Not authorized for distribution to the public as sales material in any form .
The CHET Advisor 529 Plan is sponsored by the state of Connecticut and managed by Fidelity Investments . CHET Advisor 529 Plan accounts are not insured by any state , the federal government , or any federal agency . Furthermore , neither the principal nor any investment return is guaranteed by any state , the federal government , or any federal agency .
If a client or a designated beneficiary is not a Connecticut resident , the client may want to consider , before investing , whether the client ’ s state or the designated beneficiary ’ s home state offers its residents alternative state tax advantages or other state benefits , such as financial aid , scholarship funds , and protection from creditors .
Units of the portfolios are municipal fund securities and are subject to market fluctuation and volatility .
Before investing , have your clients consider the plan ’ s investment objectives , risks , charges , and expenses . Contact Fidelity or visit i . fidelity . com for a free offering statement . Have your clients read it carefully before investing .
The third-party trademarks and service marks appearing herein are the property of their respective owners . All other trademarks and service marks appearing herein are the property of FMR LLC or its affiliated companies .
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