529 COLLEGE SAVINGS PLAN

Who Can Use a 529?

• Parents & Guardians – Save for your children’s college or K-12 tuition.
• Grandparents & Relatives – Contribute to a loved one’s education in a tax-efficient way.
• High-Income Earners – Benefit from tax-free growth even if you don’t qualify for other education-related tax breaks.
• Any Individual – You can even open a 529 for yourself, either for your education or to shift to another beneficiary.

Advanced Planning Concepts

529s can be much more than just a college savings tool:

• Roth Conversion – You can convert funds from a 529 plan to a Roth IRA for the same beneficiary, tax-free and penalty-free, thanks to the SECURE 2.0 Act.
• Generational Wealth Transfer – Contribute up to the IRS gifting limit (or front-load 5 years’ worth at once) to pass wealth efficiently.
• Estate Planning – For families looking to reduce estate taxes or shift assets into a tax-advantaged vehicle, 529s offer strategic advantages.
• Student Loan Repayment – Recent rules allow limited 529 withdrawals to help pay down student loans.
• Changing Beneficiaries – If one child doesn’t use all the funds, you can transfer the account to another family member without penalties.
• Graduate School & Beyond – Funds aren’t limited to undergraduate education; they can be used for K-12, graduate programs, trade schools, and certain apprenticeships.

All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed.  There is no representation or warranty as to the current accuracy, reliability, or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

Apex Investment Group, LLC (“Apex Investment Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Apex Investment Group and its representatives are properly licensed or exempt from licensure.”