Investment Services

College Savings / 529 Plans

A 529 college savings plan provides the flexibility you want with the tax advantages you need. 
 


 It's never too early to begin saving for education expenses. So whether you’re a new parent, grandparent, or planning to attend school yourself, college savings plans can help you spend more of your money on education – not on taxes. Starting early is an important component to successful education planning. 

A 529 college saving plan provides a tax-advantaged program to help you keep ahead of skyrocketing education costs. The plan is flexible and affordable, and may offer you tax advantages that you have overlooked. 529 Plan features include:

 

Income limits


Annual Contribution Limits


Income tax treatment


Your Middleburg Investment Services representative will take the time to understand your situation, identify your education savings goals, and get you started with a 529 plan that will try to meet your needs and your timeline. 

Prior to investing in a 529 Plan investors should consider 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.  Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary.  Please consult with your tax advisor before investing.

Securities and Advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products sold through LPL Financial are not insured Middleburg Bank deposits and are not FDIC insured. These products are not obligations of the Middleburg Bank and are not endorsed, recommended or guaranteed by Middleburg Bank or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.
 
The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states ( AL, AZ, CA, CO, CT, DC, ID, FL, GA, IA, IN, KY,MA, MD, MN, NJ, NY, NC, OK, OR, PA, SC, TN, TX, VA, WA, WV).
 
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