Parents across South Carolina have big dreams for their children’s futures, including a college education. South Carolina’s Future Scholar 529 College Savings plan can help make that dream come true. As a 529 plan, Future Scholar is more than just a savings plan. It’s an investment account that grows over time to help you save for the high cost of college. As a South Carolina resident, your contributions to your account are tax free. Your money won’t be taxed as it grows, and you won’t pay taxes when you withdraw funds for qualified educational purposes. 85,000 South Carolinians trust Future Scholar and have invested $1.5 Billion in the program – and with good reason. Future Scholar has gained national recognition from the Wall Street Journal and Money magazine as one of the best values in college savings, and it consistently earns the highest rating from Savingforcollege.com.
Future Scholar parents have different reasons behind opening an account, but they all have the same goal: a bright future for their children. One parent said, “I have student loans I’m paying off now, so I know what a burden they can be. I don’t want that for my child.” Another account holder said, “This is the best gift I can give my child because it’s so much more important than gifts of toys and clothes.”
You’ll also find that Future Scholar makes opening and contributing to an account simple. You can get started by visiting www.futurescholar.com.