Important information:

This content is intended as educational only and should not be interpreted as a specific recommendation or investment advice. Investors should make investment decisions based on their unique investment objectives and financial situation. 

1 529 savings plan: The earnings portions of withdrawals used for expenses other than qualified education expenses may be subject to federal and state taxes as well as an additional 10% penalty. Because tax issues for 529 plans can be complex, please consult your tax advisor.