For Financial Advisors
the ace up your sleeve
People are often surprised when they learn about Private College 529 Plan. It’s so much more than a simple, low-risk way to save for college. It’s a solution that opens up even more possibilities for you and your clients.
Partner with us
Private College 529 Plan offers guaranteed prepaid tuition without the risk of market volatility that comes with traditional investments. Add our growing network of nearly 300 private colleges across the country — and the plan sells itself.
With our Private College 529 Plan, you have a new solution in your toolkit that can be used for:
- Legacy and estate planning
- Combining with traditional 529 savings plans
- Tax-advantaged savings
- Retaining and expanding existing client accounts
- Adding balance or diversifying portfolios
A plan for your clients. A value-add for you.
We know debt can be a real burden — especially for young adults starting out and parents nearing retirement age. Your clients can lighten the load with prepaid dollars for college as opposed to interest and loans.
There’s a lot for your clients. Now let’s talk about you.
You get to hear from our experts who walk the walk. They know college finances because they work in financial aid offices in colleges large and small. Receive quick takes that fit into your busy day. And let this unique opportunity help broaden your knowledge and boost your skills.
Speaking of skills — we also partner directly with financial advisors to help families. Together with your expertise, we break down big financial topics relevant to parents saving for (and stressing about) college.
5 reasons to save with Private College 529 Plan
1. It’s guaranteed
Your clients’ tuition is guaranteed by our member colleges and universities, not state governments. Our members take on all the risks and fees.
2. It’s protected
Tuition increases? Not with our plan. Clients purchase future tuition at current prices. This protects them from both tuition increases and market volatility.
3. It’s tax-advantaged — and so much more
- Account value increases as tuition rises over the years — and that increase in value will be tax–deferred.
- Some states offer tax deductions or credits, similar to other 529 plans.
- There are no income restrictions, and account size limits are generous — up to five years of tuition at the plan’s most expensive school (current maximum is $317,030).
4. It’s flexible
In network or out of network, our plan is flexible. Pay any qualified expense at any institution, private or public. While our tuition guarantee only applies to member colleges, your clients’ contributions are still redeemable outside the network.
5. It’s future-minded
Our plan is great for estate planning. Contributions to the plan are considered completed gifts and qualify for annual gift tax exemptions. Contribute up to five times the annual gift exclusion amount in a lump sum (currently $80,000 for single filers and $160,000 for joint filers) — a unique perk of 529 plans.
Plus, contributions to 529 plans by the account owner are excluded from that account owner’s estate when taxes are assessed, even though the owner retains complete control of the account.*
*If the account owner dies before the end of the five-year period, a prorated amount will be added back into the estate. 529 plans are an attractive option for grandparents who seek tax advantages in estate planning. Consult your tax advisor for information specific to your situation.
