The cost of college has skyrocketed in recent years.  The right savings strategy can help you prepare for education expenses through asset growth, tax advantages, and a consistent approach.  We believe 529 plans provide a favorable way to proactively save for education because they can deliver those features and help people prepare for investment in education.  Listen here for more and don’t hesitate to reach out if you’d like to talk more about 529s.

Income paid from U.S. government bonds is taxable at the Federal level but may be exempt from state income tax for many people. The 1099 Composite forms do not usually have enough information included to calculate this potential exemption alone, but with information from the fund managers, it's possible to see what potential savings there may be.