 Your employer has teamed up with WWK Investments and the
American Funds to offer you COLLEGEAMERICA, a 529 college savings
plan with significant tax advantages. This plan is sponsored by the
Commonwealth of Virginia and is available to residents of all 50
states. You are investing as part of a group, so you don't pay the
initial sales charge that individuals face. All your money goes to
work immediately.
With 529 Plans:
- You can open an account for anyone.
- You control the account including the timing of
withdrawals.
- Your investment grows free from federal tax when used for qualified
higher education.
Need help calculating the future costs of college?
College Cost Calculator
Eligible Education Institutions
Clicking on these links will take you to an
external website in a new browser window
Favorable state tax treatment for investing in a Section 529
college savings plan may be limited to investments made in a section
529 college savings plan offered by the customer's or designated
beneficiary's home state, however, this is just one of many
appropriate weighted factors to be considered in making an
investment decision. You should consult a tax advisor about how
state-based benefits (including any limitations) would apply to your
specific circumstances. You may also want to contact your home state
or any other 529 college savings plan to learn more about the
features, benefits and limitations of that state's 529 college
savings plan.
An investor should consider the investment objectives, risks, and
charges and expenses associated with municipal fund securities
before investing. More information about municipal fund securities
is available in the issuer's official statement (or Program
Description). Please read the official statement and prospectus
carefully before investing.
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