September 10, 2019
Posted By: Jessica Geary-Cecotti
September is here and kids are officially back in school. As you pack lunches and sign permission slips to help your child’s current education, why not take a few minutes to plan for their future education as well? Achieve Montana can help get you started, and what better time to begin than College Savings Month?
Achieve Montana is the official 529 plan for Montana. Parents, grandparents, and others can use an Achieve Montana 529 plan as an affordable, simple, and effective way to save for the future education of their children, grandchildren, nieces, and nephews. The accounts have generous contribution limits and a range of attractive investment options. Investments have immediate tax benefits, and accounts can be opened with as little as $25. The Ugift® program even lets family and friends give financial gifts toward your child’s future education. Achieve Montana truly wants to make it easy for you to save for those future educational needs.
Not sure what your child wants to be when they grow up? Not a problem. An Achieve Montana account is flexible, providing benefits for a variety of your child’s educational needs. The assets in your 529 account can help pay for tuition, fees, books, equipment, and certain room and board costs, not only in Montana but at eligible two- and four-year schools around the U.S., including trade, technical, and graduate schools.
College Savings Month may not feel like the biggest holiday of the year, but it could be the most important one if you take the first steps toward helping pay for you child’s higher education. Visit AchieveMontana.com to sign up or call 1-877-486-9271 for more information.
Investing in Achieve Montana is an important decision for you and your family. Please carefully review and consider the Enrollment Kit available at AchieveMontana.com before making an investment decision. It includes a Program Description that discusses investment objectives, risks, charges, expenses and other information that are important for you to consider.
Tax and other benefits are contingent on meeting other requirements and certain withdrawals are subject to federal, state, and local taxes.
Achieve Montana is sponsored by the State of Montana and administered by the Montana Board of Regents of Higher Education, as sole trustee of the Montana Family Education Savings Trust (Trust). Ascensus College Savings Recordkeeping Services, LLC provides program management, recordkeeping and administrative support services for Achieve Montana. The Vanguard Group, Inc. and Dimensional Fund Advisors LP each serve as investment managers for the underlying mutual funds comprising Achieve Montana’s portfolios. New York Life Insurance Company serves as manager of Achieve Montana’s Capital Preservation Portfolio. Except to the extent of the New York Life Insurance Company guarantee that is available for the Capital Preservation Portfolio, investment returns are not guaranteed, and you could lose money by investing in Achieve Montana. Ugift® is a registered service mark of Ascensus Broker Dealer Services. LLC., an affiliate of Ascensus College Savings Recordkeeping Services, LLC.