Problem: How Can I Fund Future Education Expenses Tax-Free?
Solution: Open a Wisconsin Edvest 529 Savings Plan Account!
Edvest 529 College Savings Plan
What is an Edvest 529 College Savings Plan?
An Edvest 529 College Savings Plan is Wisconsin’s tax-advantaged education savings plan, designed to help families save for qualified education expenses. Opening an account is straightforward and may provide federal tax advantages on qualified withdrawals, as well as Wisconsin state income tax benefits for eligible contributions.
Steps to Open an Account:
- Click the green “Open An Account” button at www.Edvest.com.
- Enter your information and click Continue.
- Click “Continue Enrollment”.
- Click Individual Account.
- Enter Address Information & click Continue.
- Enter Social Security #, Birth Date, and Gender, and click Continue.
- Enter beneficiary (student/child) information and click Continue. (Start with one child)
- Add a successor for the account (your spouse or child’s parent) and click Continue.
- Click Year of Enrollment Options and select expected enrollment year and click Continue.
- Select how you want to fund the account. The most common is Bank Account, either one time or recurring. If you want recurring, click the check box which says, “Make contribution recurring” and click Continue.
- If you are opening more than one account (for multiple children), click “Yes, Add Another Beneficiary”, otherwise click “No, let’s finish up”.
- Add a username and security questions to your account.
- If you would like to allow friends and family to gift money, click “Activate Ugift Code” and click Continue.
- Decide how you would like to receive communications, check the box “I agree” and click Continue.
- Review, check box, and click “Sign”.
Next, instead of clicking the “Print” button, we recommend printing the entire webpage by right clicking and hit Print. That way you have the entire page which contains the code which can be used by friends and family at www.ugift529.com, entering the code and making a gift.
Last Step! Print off the attached authorization form here (https://cdn.unite529.com/jcdn/files/WID/pdfs/ria.pdf) and fill in Section 1 with your account owner information and be sure to write in the new account number(s). Sign on the final page and mail this form back to Endowment Wealth Management (W6272 Communication Ct., Appleton, WI 54914) so we can complete and submit.
There is NO Charge for us to be the ‘advisor’ on this account and assist you if you ever need help
To Learn More About Endowment Wealth Management
and Our Fee-Only Fiduciary Advice
Call: (920) 785-6010
Visit: www.EndowmentWM.com
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Disclosures: Information contained herein is intended for informational, illustrative and/or educational use only and not designed to be a recommendation for any specific investment product, strategy, plan feature or other purpose nor shall it be construed to be the provision of individualized investment, tax or legal advice. Endowment Wealth Management, Inc. (“EWM”) is not soliciting or recommending any action based on this material. This is neither an offer nor a solicitation to buy/or sell securities in any state or jurisdiction where EWM is not registered, or notice filed and does not qualify for an exemption from such registration and notice filing requirements. Prior to making any investment or financial decisions, an investor should seek individualized advice from a personal financial, legal, tax and other professional advisors that consider all of the particular facts and circumstances of the investor’s own situation. All investments involve risk and potential loss of capital and, unless otherwise stated, are not insured or guaranteed.
While the content herein has been obtained from sources that we consider reliable, we do not represent that the information is accurate, complete, or current and it may be relied upon as such. Reliance upon any information in this material is at the sole discretion of the reader. Content is subject to change without notice.
Endowment Wealth Management, Inc. (“EWM”) is registered as an investment adviser with the SEC. Registration does not imply a certain level of skill or training. A copy of EWM’s disclosure documents, including Form ADV Part 3 (Client Relationship Summary), Form ADV Brochure Part 2, and Privacy Statement, are available upon request.