05/29/2026
May 29… the only time “529” isn’t a typo, it’s a financial strategy.
A 529 education savings account is a commonly used way to prepare for future education costs. It offers a tax-advantaged way to set money aside for qualified expenses, including college and other eligible programs depending on the plan. 529 plans are designed to support long-term education savings and may offer flexibility depending on the plan. Regular contributions may help build education savings over time, depending on investment performance. Whether you’re saving for kids, grandkids, or planning ahead, it can be a tool to help plan for education expenses.
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Prior to investing in a 529 College Savings Plan, you should compare the Plan with any 529 college savings plan offered by your home state or your beneficiary’s home state and consider, before investing, any state tax or other benefits that are only available for investments in the home state’s plan. Please read the Plan’s Disclosure Document which includes investment objectives, risks, fees, charges and expenses, and other information. You should read the Plan Disclosure Document carefully before investing. For this and other information on any 529 College Savings Plan, contact First Command at (803) 336-7388 or your Financial Advisor. Please note that the availability of tax or other benefits may be conditioned on meeting certain requirements such as residency, purpose for or timing of distributions or other factors as applicable. As with any investment, it is possible to lose money by investing in a 529 College Savings Plan. Information provided is for general purposes only and is not intended to be a substitute for specific individualized tax or legal advice. Where specific advice is necessary or appropriate, please consult a qualified tax or legal advisor.