529 College Savings Plan
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Our 529 College Savings Plan offers parents an affordable, flexible and smart way to secure their children's education.
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The TD AMERITRADE 529 College Savings Plan is sponsored by the State of Nebraska and administered by the Nebraska State Treasurer. The Nebraska State Treasurer is responsible for the overall administration of the Plan. The Nebraska Investment Council has the responsibility to invest funds deposited into the Plan. Union Bank & Trust Company serves as Program Manager.
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Accounts in the TD AMERITRADE 529 College Savings Plan represent a separate class of accounts in the College Savings Plan of Nebraska, which is a separate series of the Nebraska Educational Savings Plan Trust (the "Trust"). The Trust is designed to qualify as a tax-advantaged savings plan under the provision of Section 529 of the Internal Revenue Code and is sponsored by the State of Nebraska and administered by the Nebraska State Treasurer, as Trustee. Union Bank & Trust Company acts as Program Manager of the TD AMERITRADE 529 College Savings Plan.
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Clients should be aware that other states may sponsor their own qualified tuition plans and may offer a state tax deduction or other benefits that are limited to residents who invest in that plan. Clients should consult with a tax advisor about state and local taxes.
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Before investing in any mutual fund, carefully consider the investment objectives, risks, charges and expenses involved. A prospectus contains this and other important information. Please read it carefully before investing. E-mail us for a copy.
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Withdrawals used to pay for qualified higher education-related expenses are free from federal and Nebraska state income tax. These expenses include tuition, fees, books, supplies and equipment required for enrollment at a qualified institution of higher education. Room and board is considered a qualified education-related expense if the student is enrolled on at least a half time basis.
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Every individual's tax situation is different, and it is important to consult a qualified tax advisor regarding the application of the Plan's benefits to your own individual situation.
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There is no guarantee that any investment portfolio will achieve its investment goals. The value of an account will go up or down based on the performance of the Portfolio in which the account is invested. When funds are withdrawn, they may have more or less value than the total contributions made to the account. Past investment performance is no guarantee of future results.
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The investments in the TD AMERITRADE 529 College Savings Plan are not guaranteed or insured by the State of Nebraska, the Nebraska State Treasurer, Union Bank & Trust Company, TD AMERITRADE, the Federal Deposit Insurance Corporation, the Securities Investor Protection Corporation, or any other entity.
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Investors should read carefully and consider the investment objectives, risks, fees, and expenses contained in the Enrollment Handbook before investing.
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