CHET
ADVISOR
529 College Savings Program
Connecticut Higher Education Trust
Help families prepare to send their children to college
Managed by :
As a trusted financial professional , you can play a key role in helping families prepare their children and grandchildren for success by informing them about how the CHET Advisor 529 Plan can help them meet their college savings goals and be used for qualified K – 12 education expenses . 1
With back-to-school season here , we encourage you to consider talking to clients about how a 529 Plan could fit their financial circumstances while also helping them save for the future of their family ’ s education .
Visit i . fidelity . com / 529 today , so you can help prepare your clients 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 .
Information provided in this document is for illustrative and educational purposes only . To the extent that any investment information in this material is deemed to be a recommendation , it is not meant to be impartial investment advice or advice in a fiduciary capacity and is not intended to be used as a primary basis for your or your clients ’ investment decisions . Fidelity and its representatives may have a conflict of interest in the products or services mentioned in this material because Fidelity and its representatives may have a financial interest in them , and receive compensation , directly or indirectly , in connection with the management , distribution , or servicing of these products or services , including Fidelity funds , certain third-party funds and products , and certain investment services .
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 .
Managed by Fidelity Distributors Company LLC , 500 Salem Street , Smithfield , RI 02917 © 2022 FMR LLC . All rights reserved . 1040402.1.0