All investing is subject to risk, including the possible loss of the money you invest.
Tax issues are just one consideration when choosing a 529 Plan. Before you invest in a 529 college savings plan, request the plan's official program description and read it carefully. The official program description contains more complete information, including investment objectives, risks, charges, expenses and other information. If you are not a taxpayer of the state offering the plan, consider before investing whether you or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. Section 529 plans are not guaranteed by any state or federal agency. By investing in a 529 plan outside of the state in which you pay taxes, you may lose the tax benefits offered by that state's plan. Withdrawals used for qualified expenses are federally tax free. Tax treatments at the state level mat vary.
This tool isn't intended to constitute, nor does it constitute, tax advice. You should consult your own tax advisor for more information on the tax implications of investing in a 529 plan based on your own particular circumstances.
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