Bryant Asset Management Presents: College Planning Essentials
Bryant Asset Management is hosting an educational Zoom call on Tuesday, May 16, 2023 at noon, regarding how tax-advantaged 529 Plans can help families plan for the cost of college.
On average, college tuition tends to increase by about 8% per year. An 8% college inflation rate means that the cost of college doubles every nine years.
One of the best ways to help defer a portion of this cost is by setting up a tax-advantaged 529 plan on behalf of your future graduate (or future grandchild graduate)!
We will also be discussing how the SECURE Act 2.0, passed by Congress in late 2022, has now added the ability to roll over unused 529 Funds into a Roth IRA.
With all of this in mind, we have asked a specialist from J.P. Morgan to join us to discuss College Planning Essentials that every parent or grandparent needs to know.
Our speaker will be Kristia A. Adrian, vice president, and 529 Specialist for J.P. Morgan Asset Management. In her role, Kris travels throughout the country to educate the public on college planning and The Advisor-Guided 529 Plan using College Planning Essentials. Kris holds a B.S. in Family Financial Planning from The Ohio State University. She is Series 7 and 63 licensed and resides in Columbus, OH.
Click here to Register for the Zoom Meeting: https://zoom.us/j/97127404927?pwd=ZVRsMFBuRWpRVU81SldvcFdXd0lhQT09
OR Dial in on 5/16/23 at Noon:
Dial-In Number: 470 250 9358
Meeting ID: 971 2740 4927
*Please note we will NOT be recording this meeting.
The fees, expenses, and features of 529 plans can vary from state to state. 529 plans involve investment risk, including the possible loss of funds. There is no guarantee that an education-funding goal will be met. In order to be federally tax-free, earnings must be used to pay for qualified education expenses. The earnings portion of a nonqualified withdrawal will be subject to ordinary income tax at the recipient’s marginal rate and subject to a 10 percent penalty. By investing in a plan outside your state of residence, you may lose any state tax benefits. 529 plans are subject to enrollment, maintenance, and administration/management fees and expenses
Date and Time
Tuesday May 16, 2023
12:00 PM - 12:00 PM EDT