529 College Savings Informational Seminar
The U.Fund College Investing Plan is Massachusetts' 529 Plan, sponsored by MEFA and managed by Fidelity Investments. The U.Fund Plan provides parents, grandparents, and others a tax-advantaged way to save for a child's college education.
- Any earnings grow tax-deferred
- Federal income and Massachusetts state tax-free qualified distributions
- Professional money management
- Wide range of portfolios for your investments including Index Fund and Actively Managed Fund Portfolios
- Low-cost investment options
- High contribution limits
- No income restrictions
- Funds can be used at virtually all accredited colleges nationwide and eligible international institutions for qualified higher education expenses.
There will be another information session on the same day at 1pm in Campus Center room 803.