Whether they want to be a doctor, architect, or chef, help make your loved one's future dreams and aspirations come true with a Future Scholar 529 College Savings Plan. This tax-advantaged savings plan can help you save now, so you have less to worry about later.
There is no minimum amount you need to invest to open a Future Scholar account, making it easy to start saving. All of your Future Scholar earnings are exempt from federal income taxes, and as a special benefit South Carolina residents, you may be eligible to make tax-deductible contributions from state income taxes too.1
Future Scholar allows you to:
Use the Education Funding Planner or one of our other tools to see how much you may need for college.
Not enrolled yet? Find out how to enroll in Future Scholar in only a few simple steps.
Existing Account Holders: Learn how to make a contribution to an existing account.
1 You may be eligible to deduct your Future Scholar contributions from your South Carolina state income tax return, up to the maximum accound balance limit of $318,000 or any lower limit under applicable law. Lower limits may be set by South Carolina state law. Distributions not used for qualified education expenses must be included in South Carolina gross income to the extent those amounts were previously deducted from South Carolina taxable income.
Please consider the investment objectives, risks, charges and expenses carefully before investing in the Future Scholar 529 College Savings Plan. Contact your financial advisor or Columbia Management for a Program Description, which contains this and other important information. Read it carefully before investing. You should also consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program. Columbia Management Distributors, Inc., distributor and underwriter.
Please remember there’s always the potential of losing money when you invest in securities.
The Advisor Plan is sold exclusively through financial advisors, while the Direct Plan is sold directly by the Program. Participation in the Direct Plan is limited to a select group of investors, as described in the Program Description. The Direct Plan offers a more limited selection of investment choices than the Advisor Plan, and the fees and expenses are lower. Please refer to the Program Description for more information.
Columbia Management Investment Distributors, Inc., member FINRA, is the distributor and underwriter for 529 plans available through Columbia Management. The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer.
Tax treatment varies by state. For residents of states other than South Carolina: Favorable state tax treatment for investing in a Section 529 college savings plan may be limited to investments in a Section 529 college savings plan offered by your home state. You should consult with your tax advisor about any state or local taxes before making any tax-related decisions. The tax information set forth in this presentation is general in nature and does not constitute tax advice on the part of Columbia Management Investment Distributors, Inc., its affiliates or the South Carolina Office of State Treasurer.
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Please consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial advisor or visit columbiamanagement.com for a Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing. You should also consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program. Columbia Management Investment Distributors, Inc., member FINRA, is the distributor and underwriter for 529 plans available through Columbia Management. The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer.
Before you continue, please choose the description below that best represents you so that we can help you meet your college savings needs.
The account owner or beneficiary resides in South Carolina.
Select >The account owner is a South Carolina State Employee.
Select >The friend or family member wishes to make a gift to a future student.
Select >The account owner and beneficiary do not reside in South Carolina.
Select >The account owner participates in the plan through their employer
Select >Investment professional seeking information about the plan.
Select >
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