CMW Financial, Inc. - College Savings Plans

College Savings Plans (529)

A PERFECT MATCH - School Districts Offering Educational Savings Plans

An important financial goal.

According to a 2001 survey conducted by IHR Research, 86% of parents say that saving for education is their top financial priority for their children. However, current savings habits show that few parents are doing enough to meet the rising cost of college.

A great way to save.

529 plans offer employees a convenient, tax-advantaged way to

save for college, plus a measure of flexibility and control that other education plans may not offer, including 15 professionally managed investment options. Thanks to the new tax law, withdrawals used to pay qualified higher education expenses are federally tax free.*

Automatic contributions help.

According to the IHR survey, 59% of the respondents said they would save more money if they could contribute through a payroll deduction plan. We can enroll in person or online whichever fits in your current benefits procedure.

Click here for more information on 529 plans

*Subject to potential sunset on December 31, 2010. State taxes may apply. Not applicable if HOPE Scholarship or Lifetime Learning Credit is claimed for same expenses, or if same expenses are allocated to a distribution from a Coverdell Education Savings Account. Please read the Offering Statement for details. Putnam CollegeAdvantage is a 529 savings plan sponsored by the Ohio Tuition Trust Authority, managed by Putnam Investment Management, LLC, and distributed by Putnam Retail Management. An investment in Putnam CollegeAdvantage is not an investment in a mutual fund, although it does invest in underlying funds.

Advisory Services and Securities offered through Lincoln Investment Planning, Inc.

Registered Investment Advisor, Member FINRA/SIPC.

Creating & Managing Wealth, LLC. and Lincoln Investment Planning, Inc. are independently owned and each is responsible for its own business.