The plan is available to parents, grandparents, relatives and friends and can be used at any accredited school in the country.

Benefits of a 529 College Savings Plan

	Tax-Free Earnings
	Investments grow federally tax-free and many states offer the benefit of state tax deferral. There are generous contribution levels with no income limits.
	Flexibility
	You can set up an account for your child, grandchild, spouse, relative, yourself or someone not related to you and the account is transferable to another beneficiary at any time. There is a low minimum investment required with a high maximum investment allowed plus no restrictions on the investors' income levels.
	You Are In Control
	You maintain control - not the beneficiary. You can make withdrawals, change beneficiaries, leave the account for future use or withdraw the assets at any time for the life of the account.
	Investment and Estate Planning Benefits
	Funds contributed to the plan are excluded from the investor's taxable estate for federal tax purposes. Investors can contribute up to $55,000, or $110,000 for a married couple, annually for each beneficiary with no federal gift taxes.

Easy to Get Started
You can begin saving today with as little as $100 a month (depending on state requirements, this amount may vary). A Commerce Capital Markets Investment Consultant will help you put together an investment strategy that meets your goals and budget.

To open an account or to meet with a Personal Investment Consultant, please e-mail us or call Commerce Capital Markets at 1-866-294-8056.