It’s Never Too Late to Start Saving for College – Open an Account Today!

Tuesday, June 27, 2017

Didn’t open that college savings plan on National 529 Day like you meant to?

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The good news is, it’s never too late to start saving for your child’s future and a Future Scholar 529 College Savings Plan is a great way to get started.

Still not sure how a 529 plan can help you save? You’re not alone.

According to a 2016 study, more than two-thirds of investors don’t know what 529 plans can do. And yet financial experts have consistently cited these tax-advantaged accounts as the best investment vehicles available for saving for college.

“There are just too many advantages for parents or anyone wanting to save for a loved one’s college education to not open a 529 plan,” said South Carolina Treasurer Curtis Loftis. “And a Future Scholar plan in particular, which offers additional tax advantages to those who file a South Carolina tax return, is the smart, easy way to save for college.”

To find out what a 529 plan can do for you read on: http://www.cnbc.com/2017/05/26/its-529-day-and-68-percent-of-people-dont-know-what-a-529-plan-is.html.

To open a Future Scholar plan, visit www.FutureScholar.com.

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Interim Media Contact:
Edward Frazier
edward.frazier@sto.sc.gov
803.734.2016

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