Future Scholar 529 College Savings Plan (Advisor-Sold)

The Future Scholar 529 College Savings Plan Advisor-Sold is a 529 plan available in South Carolina that provides families with the support and guidance of a financial advisor when saving for higher education expenses. One unique aspect of this plan is its advisor-sold structure, allowing individuals to work with a financial advisor who can provide personalized investment advice and assistance. The plan offers a variety of investment options, including age-based portfolios and individual fund options, giving account holders the flexibility to tailor their investment strategy. It offers tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, South Carolina residents may be eligible for a state income tax deduction for contributions made to the plan, further maximizing savings potential. The Future Scholar 529 College Savings Plan Advisor-Sold aims to help families efficiently save for their educational goals with the assistance of a financial advisor.