Email template library

Hello,

Do you have a minute to talk about saving for education? Are you familiar with 529 plans?

A 529 plan is a tax-advantaged way to save for future higher education, like college or vocational school.

The costs of going to college have been rising for years and 529 plans help families save and prepare for one of life’s biggest expenses which can include things like tuition, room and board, and computers.

If education savings is a priority for you, let’s schedule some time to talk about 529 plans.

Thank you.

Hello,

I recently reached out about education savings and 529 plans. I want to touch base and share some benefits in case they make sense for you and your family.

• Earnings grow tax-deferred and qualified withdrawals are tax-free from federal taxes and may also be free from state taxes.
• When it comes to giving a gift or planning your estate, you can contribute up to $19,000 per child annually ($38,000 if filing jointly) effective January 1, 2025.
• You can use withdrawals at eligible institutions around the country for tuition, supplies, room and board, and qualified expenses have no annual distribution limit.
• The owner of the 529 plan retains control of the assets and can transfer them to another beneficiary.

As you can see, there are many benefits to opening a 529 plan. Please let me know if we can discuss this further or if you have any questions.

Thank you.

Hello,

I wanted to share with you four calculators you may find useful in your education journey.

• The college savings calculator provides you with an estimate of how much you need to save for college.
• The state tax deduction calculator provides users with their estimated net tax savings from both state and federal taxes. It also shows state specific information on beneficiaries, carry-forward provisions, and if 529 plans can be used for K-12 and/or apprenticeships.
• The financial aid calculator allows you to input data to estimate your Student Aid Index (SAI) and assists in completing the Free Application for Federal Student Aid (FAFSA) form.
• The student loan repayment calculator helps you calculate your estimated loan payments.

Many people find these tools helpful when trying to understand the financial impacts of sending kids to college or trade school. I hope you find them useful as well.

If it’s helpful, we can walk through these calculators together and talk about the next steps in your education plans.

Thank you and please let me know if you have any questions.

Hello,

Education is one of the biggest savings goals that you’ll have, and I’m here to help.

Here are a few resources that I’d recommend to help with education savings and 529 planning and conversation:

• Benefits of a 529 plan - A helpful infographic highlighting how 529 plans can benefit each generation and potentially help reduce debt.
• How do 529 plans work? - A two minute video overviewing the basics of how 529 plans work and how saving early can help.
• Your family’s education savings checklist - Provides age-appropriate tips to encourage your loved ones to save. It will also help you talk to your kids about saving and spending.

If you’re interested in education savings, let’s schedule time to talk.

Thank you.

Hola,

Uno de los retos a los que se enfrentan las familias es el costo de la educación superior. Un Plan 529 es una de las mejores maneras de ahorrar para la educación e invertir hoy puede significar más dinero ahorrado para el futuro.

Recuerde que nunca es demasiado pronto ni demasiado tarde para empezar a ahorrar. Si está interesado en charlar sobre los ahorros para la educación, programemos una llamada.

Gracias.

– Translation –

Hello,

One of the challenges families face is the cost of higher education. A 529 plan is one of the best ways to save for education and investing today may mean more money saved for the future.

Remember, it’s never too early or too late to start saving. If you’re interested in education savings, let’s schedule time to talk.

Thank you.