Future Scholar Blog

November 22, 2017

Giving the Gift of Education

With the hustle and bustle of the holiday season in full-swing, searching for the perfect holiday gift for your children can be difficult. I’m sure you have all faced unruly crowds and long lines in search of the most popular toy, only for it to be forgotten a month later, and purchased countless gifts, which your children have quickly outgrown. This year, give them the gift that they’ll never outgrow: the gift of an education through the Future Scholar 529 College Savings Plan.

Gift of Education Istock

According to the Center for Social Development, children with a college savings account are six to seven times more likely to go to college. This allows them to grow up viewing college as an inevitable part of their lives, not a distant possibility.

A Future Scholar 529 College Savings Plan is not just a savings account, it is one of the only gifts that has the power to both prepare and inspire the ones you love most. Not sure where to start? Unwrap these handy tips on creating and maintaining a savings plan:

Before beginning the enrollment process, make sure you have the correct and updated information required: account owner information, designated beneficiary information, and initial contribution method. Information on each requirement is easily accessible here.
Next, use our website resources to review the different types of investment choices available. This will help you to determine what type of portfolio is right for you and your family.
Last, decide how you want to enroll: by mail, enrollment kit, or through the convenient online enrollment portal.

It’s that easy! Additionally, there is no minimum amount you need to invest in order to open a Future Scholar account. You can even transfer funds directly from your bank account into your Future Scholar account with the Automatic Contribution Plan.

The greatest gift of all is that of a college education. Make sure to treat your children this holiday season by opening an account. For more information on gifting with Future Scholar visit https://futurescholar.com/gifts/.

Ready to
get started?

Once you’ve enrolled in Future Scholar, it’s easy to make a contribution. Anyone, including parents, grandparents, or other family and friends, can contribute.

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888.244.5674
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Future Scholar 529 Plan
PO Box 219812
Kansas City, MO 64121-9812

Not FDIC InsuredNo Bank GuaranteeMay Lose Value

Click to expand full legal disclosure

Investing involves risk including the risk of loss of principal. Please consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial advisor or visit futurescholar.com for a Direct Plan Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing. You should also consider, before investing, whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds and protection from creditors that are only available for investments in such state's qualified tuition program.

Tax treatment varies by state. The tax information set forth on this website is general in nature and does not constitute tax advice on the part of Columbia Management Investment Distributors, Inc., its affiliates or the South Carolina Office of State Treasurer. Please contact your tax advisor before making any tax related decisions.

The Direct Plan is sold directly by the Program and is limited to a specific group of investors, as described in the Program Description . You may also participate in the Advisor Plan, which is sold exclusively through financial advisors. The Advisor Plan offers additional investment choices, but the fees and expenses are higher. Please contact your financial advisor for additional information on the Advisor Plan.

The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer.