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Education Planning

Create an efficient and flexible way to save
for college and grad school – with possible
tax advantages.

Start saving for your child’s education today.

Putting away enough money for your child’s education all starts with a smart plan. A Charter One Investment Services Financial Consultant can help you understand the many investing and savings products available to help ease the worry of financing a higher education.

Choose the path that best describes you:

I am a person who:

  • Has already started an investing plan and saving for college, but needs more guidance to clearly understand my choices.
  • Has a child or children who will be attending college more than 5 years from now, and is looking for options.
  • Has more than $25,000 put away for education, but needs help developing the correct strategy.

A Charter One Investment Services Financial Consultant will develop a customized strategy to help meet your education planning goals, which may include:

529 Account*: The most popular way to save for college expenses, a 529 plan allows to you set aside regular contributions for your children’s education and withdrawal funds tax-free* for all qualified education purposes.

*One should consider the investment objectives, risks, charges and expenses carefully before investing in municipal fund securities. More information about municipal fund securities is available in the issuer's official statement. The official statement should be read carefully before investing.

Custodial Account: Allows you to set aside money for a minor child, which he or she can use for any expenses including college.

You may also want to consider a Coverdell Education Account. Be sure to talk with a Financial Consultant to help you make the correct choice for your needs.

If you prefer a more hands-off approach, a Financial Consultant will take care of all of your investable assets — a minimum of $50,000 — through our Managed Accounts Services.

Ready to get started?

Schedule a complimentary financial review with a Charter One Investment Services Financial Consultant. Even if you have a relationship with another investment firm, we can help take another look at your current plan to help ensure you are on target to meet your financial goals.

Call 1-888-411-8711

You can also visit a local branch, or we’ll contact you when you fill out the following quick and easy form:

Schedule an Appointment

I am a person who:

  • Has not yet started any type of savings plan or has not invested for education expenses.
  • Will need assets to pay for college (in 3 - 5 years).
  • Has less than $25,000 saved or invested for college planning needs.

Charter One has a variety of options to help you achieve your short-term education savings goals:

In addition to Money Markets and CD’s, Charter One can help your money grow through a number of FDIC-insured products specific to savings including:

  • CollegeSaverSM: Save $25 each month and receive a $1,000 bonus plus interest when your child turns 18.
  • GoalTrack Savings: It’s easy to create a plan, track your progress, and get rewarded when you reach your goal.

Ready to get started?

Learn more about these great products in our personal banking section.


Resources

Not sure where to begin?

Get started on the right track by learning more about investing in order to better understand your options:


Education Planning Calculator

Want to know how much you may need for college expenses? Use this calculator to develop and fine-tune your education savings plan.

Calculate
*Charter One Investment Services do not provide tax or legal advice. Please contact a tax or legal advisor for individual circumstances.

 
 

1-888-411-8711

Contact a Charter One Investment Services Financial Consultant today.

Monday to Friday:
8am – 6pm EST

Or, complete our quick and easy form and we'll contact you.

 
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© Copyright 2013 RBS Citizens Financial Group, Inc. All rights reserved.
Charter One is a brand name of RBS Citizens, N.A.

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Securities, Insurance and Investment Advisory Services offered through CCO Investment Services Corp. Member FINRA, SIPC. 770 Legacy Place, MLP240, Dedham, MA 02026. 1-888-411-8311. CCO Investment Services Corp. is an affiliate of RBS Citizens, N.A. and Citizens Bank of Pennsylvania.

Securities and Insurance Products are:
· NOT FDIC INSURED  · NOT BANK GUARANTEED  · MAY LOSE VALUE  · NOT A DEPOSIT  · NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY



Mutual Funds, Variable Annuities and Unit Investment Trusts are sold by prospectus. Please consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus which contains this and other information can be obtained by calling your Financial Consultant. Read it carefully before you invest.



Charter One Investment Services does not provide tax or legal advice. Please consult with a tax or legal advisor regarding your individual circumstances before making any decisions.