What are the tax advantages of the future scholar 529 plan? Benefits for South Carolina taxpayers. The Future Scholar 529 Plan is sponsored by the South Carolina Office of the State Treasurer and offers South Carolina taxpayers additional tax advantages. Contributions up to the maximum account limit of $500,000 per beneficiary are tax deductible from a client’s South Carolina state income taxes.What is the future scholar grant program? The annual program provides an opportunity for S.C. families with babies born on 5/29 to obtain a privately-funded $529 grant toward a Future Scholar account. Parents have until 8/31 to apply. For 18 years, Future Scholar has helped South Carolina families reach their financial educational goals for their children.How many 529 plans does south carolina offer? South Carolina offers one 529 plan, a traditional 529 plan called Future Scholar 529 College Savings Plan. Future Scholar 529 College Savings Plan is a traditional 529 plan that allows you to invest money today and reap tax benefits when you withdraw it to pay for qualified education expenses.
Contact your financial advisor or visit futurescholar.com for a Direct Plan 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
Contact your financial advisor or visit columbiathreadneedle.com for an Advisor Plan program description or visit futurescholar.com for a Direct Plan Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing.
The Future Scholar 529 College Savings Plan is sponsored by the State of South Carolina and administered by State Treasurer Curtis Loftis’ Office. Future Scholar is designed to help families jump-start saving for college while enjoying federal and state tax benefits.
Please consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial advisor or visit futurescholar.com for a Direct Plan Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing.