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Start Saving For Your Best Investment — Your Child
Futuretrust was built to help you save for your child's education.
Combining your use of your Futuretrust MasterCard with a 529 college
savings plan, you can earn free savings and save tax free. To get the most out
of your Futuretrust relationship, open a 529 college savings account and
register it to your Futuretrust account.
Education is the best investment of a persons' life; however, it is also one
of the most expensive. A 529 college savings account offers many benefits
that help you, the contributor, make ongoing investments that generate a larger
return later in life.
Benefits of 529 College Savings:
- Professionally Managed
529 plans are professionally managed by some of the nation's most
respected money management firms.
- Tax-Free
Your investment will grow tax-free as long as your money remains in
the plan. Then when you make a distribution to pay for the beneficiary's
college costs, the distribution is federal tax-free as well.
- Control
You maintain control of the account with your child as the beneficiary.
You can decide when and why withdrawals are made and can even change your
beneficiary.
- Flexibility
Regardless of which state you live in, you can choose which plan best
fits your needs.
- Usage
Savings can be used for qualified expenses such as tuition, books,
supplies, and room & board at any accredited college, university,
graduate, trade, or vocational school.
- Multiple Contributors
Futuretrust offers
family and friends the chance to open up their own Futuretrust
MasterCard account, register your 529 account to their card and contribute their
earnings toward your child's education.
Now that you know, start saving!
Open a 529.
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