*Qualified expenses for tax exempt
status: include tuition, fees, room and board, books and other supplies
needed to attend an institution of higher education. A 10% federally
mandated penalty or additional tax applied on any earnings you withdraw
for non-qualified expenses.
Some states offer favorable tax
treatment to their residents only if they invest in the state's
own plan. You should consult with your tax advisor about any state
or local taxes. Contributions limits apply depending on the state
of issuance.
There is no guarantee that any investment portfolio will achieve
its investment goals. Values of accounts will fluctuate as the value
of the underlying investment fluctuates and when funds are withdrawn,
they may be worth more or less than the original investment.
