529 Plan Basics
Funds Can Be Used for: □ Post-Secondary Trade and Vocational Schools □ Two and Four Year Colleges/Universities □ Post-Graduate Masters and Doctoral Programs □ K-12 Public, Private, and Religious Institutions (Tuition Only). Qualified Education Expenses Include: □ Tuition and Fees □ Books and Supplies □ Computer and Related Equipment □ Room and Board (Enrolled at least half-time.) Qualified Education Expenses Do Not Include: □ Transportation Expenses
□ Invest up to $8000 per year ($16,000 if filing jointly) in Missouri * □ Start Saving Anytime □ Invest Often □ Change beneficiary for excess funds or if beneficiary is not attending approved school. □ Grandparents can contribute up to $15,000 per year tax-free. □ Anyone can contribute to a 529 plan for your child. □ 529 Benefits • Funds Can Be Used to Pay Any Qualified Education Expenses • Federal Tax Advantaged Earnings Growth • Tax-Free Withdrawals • State Tax Deductions or Credits on Contributions • Full Control of All Funds in the Account • No Income Limits on Annual Contributions
□ Healthcare Expenses □ Cell Phone Expenses □ Student Loan Payments
Business Owners - Additional options with even greater benefits are available.
Note: 529 Plan rules are regulated by the sponsoring State. The rules above are for 529 plans in Missouri as of this writing. Please talk to your Capital Advisory Group representative about creating the right strategy for your family. Securities offered through Kestra Investment Services, LLC, (Kestra IS), member FINRA/SIPC. Investment Advisory Services offered through Kestra Advisory Services, LLC, (Kestra AS) an affiliate of Kestra IS. Capital Advisory Group, Inc. is not affiliated with Kestra IS or Kestra AS.
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