Proponent Financial Services offers several 529 Plans — a relatively new financial product that represents one of the best ways to save for a child’s college education.

Run by individual states, 529 Plans offer several advantages for students, parents and grandparents. For starters, the account earnings are exempt from federal taxes for qualified education expenses.

529 Plans also offer very high limits on how much can be contributed for each student, some with over $300,000 in total allowable savings. With college costs spiraling upward, it’s easy to see how a 529 plan could come in handy.

To contact a representative about 529 College Savings Plans, click here. To go back to the Proponent Financial Services home page, click here


Securities and Asset Management offered through LPL Financial and its affiliates, Member FINRA/SIPC