College Planning

These days, paying for a college education can be a major expense. Your Santander Investment Services Financial Consultant can show you how to make good use of tax-advantaged savings plans, such as 529 College Saving Plans and Education IRAs.

529 College Savings Plans
529 College Saving Plans are currently one of the most popular college savings vehicles. A 529 plan provides flexibility, control, and tax advantages. You can open a 529 college savings plan for your child, grandchild, a friend or even yourself. 

With a 529 College Savings plan you can:

  • Make progress toward saving and investing for future educational expenses.
  • Receive tax-deferred growth and federal income tax-free withdrawals for qualified higher education expenses
  • Reduce the amount you may need to borrow to pay for school
  • Remain in control of the assets

To learn more, speak with a Santander Investment Services Financial Consultant.

Before you invest in a Section 529 plan, request the plan's official statement and read it carefully. The official statement contains more complete information, including investment objectives, charges, expenses and risks of investing in the 529 plan, which you should consider carefully before investing. You should also consider whether your home state or your beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's 529 plan. Section 529 plans are not guaranteed by any state or federal agency. Santander Investment Services does not provide tax advice. Please consult your tax attorney for your specific situations.

Securities and advisory services are offered through Santander Investment Services, a division of Santander Securities LLC. Santander Securities LLC is a registered broker/dealer, Member FINRA and SIPC and a registered investment advisor. Insurance is offered through Santander Securities LLC or its affiliates.

This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. Santander Securities LLC U.S. registered representatives may only conduct business with residents of the states in which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

Santander Investment Services does not provide tax advice. Please consult your tax attorney for your specific situations.
 

INVESTMENT PRODUCTS ARE: NOT FDIC INSURED NOT BANK GUARANTEED
MAY LOSE VALUE NOT INSURED BY ANY GOVERNMENT AGENCY NOT A BANK DEPOSIT