Third Thursday Conference Call - MAY
Third Thursday Conference Call Replay: Click Here to Listen
Speaker: Patricia Avers, Ascensus
Patti has a long track record in working with Advisors and their clients having joined Ascensus College Savings in 2009. In addition, she has over 30 years in the Financial Services industry as a Financial Advisor.
Patti’s keen understanding of 529 plans in general, and the Indiana 529 Savings Plan in particular, make her a valuable resource about the importance of education savings. Patti brings knowledge, passion and commitment to the topic of saving for future education costs. Patti holds Series 7 and 24 licenses.
Educational Background: Bachelor of Arts, Michigan State University
Ascensus Website: https://www2.ascensus.com/college-savings-plans-ascensus-inc/529-plans/
Rules and laws governing 529 plans are varied and subject to change. As with other investments, there are generally fees and expenses associated with participation in a 529 plan. There is also a risk that these plans may lose money or not perform well enough to cover college costs as anticipated. Most states offer their own 529 programs, which may provide advantages and benefits exclusively for their residents. Investors should consider, before investing, whether the investor’s or the designated beneficiary’s home state offers any tax or other benefits that are only available for investment in such state’s 529 college savings plan. Such benefits include financial aid, scholarship funds, and protection from creditors. The tax implications can vary significantly from state to state. Tax laws and provisions may change at any time. Death of the contributor prior to the end of the five-year period may result in a portion of the contribution to be included in the contributor’s estate. Please consult a qualified tax professional to discuss tax matters. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional. Raymond James is not affiliated with and does not endorse the opinions or services of Patricia Lynn Avers or Ascensus.
