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529s Make Great Gifts

Involve the Family

Studies have shown that extended family members are often very willing to contribute to a child's 529 plan, particularly for special occasion gifts.  Tell your family about our online savings coupons and gift receipts PDF file; we have them for many different occasions, from birthdays to graduation and holidays.

Or, if family members are particularly willing, they might consider signing up for our 529 Automatic Investment Program. It's an easy way to make regular contributions to a 529 account through automatic withdrawals from a bank account.

 

 

 

 

 

MUN 100118

Updated 07/26/2010
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SMART529 is offered by the West Virginia College Prepaid Tuition and Savings Program
Board of Trustees and is administered by Hartford Life Insurance Company.

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You should carefully consider the investment objectives, risks, charges and expenses of SMART529 and its Underlying Funds before investing. This and other information can be found in the Offering Statement for SMART529 and the prospectuses or other disclosure documents for the Underlying Funds, which can be obtained on SMART529.com or by calling 866-574-3542. Please read them carefully before you invest or send money. SMART529 is distributed by Hartford Securities Distribution Company, Inc. Member SIPC.

If you reside in or have taxable income in a state other than West Virginia, you should consider whether your state has a qualified tuition program that offers favorable state income tax or other benefits exclusive to your state’s program that are not available under the SMART529 program.

Non-qualified withdrawals are taxable as ordinary income to the extent of earnings and may also be subject to a 10% federal income tax penalty. Such withdrawals may have state income tax implications.

Investments in SMART529 are not guaranteed or insured by the State of West Virginia, the Board of Trustees of the West Virginia College Prepaid Tuition and Savings Program, the West Virginia State Treasurer’s Office, Hartford Life Insurance Company, The Hartford Financial Services Group, Inc., the investment sub-advisors for the Underlying Funds or any depository institution and are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.


“The Hartford” is The Hartford Financial Services Group, Inc. and its subsidiaries.
"The Hartford" is a registered trademark of Hartford Fire Insurance Company.
"SMART529" is a registered trademark of the West Virginia College Prepaid Tuition and Savings Program Board of Trustees.