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Dear <your friend's name>,
Your friend, <your name> at <your email address> wants to share information about the Path2College 529 Plan.
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A friend or family member referral about the Path2College 529 Plan
Saving for college can make a difference in a child's future and a 529 college savings plan can help make higher education possible. Just like a 401(k) plan helps you save for retirement, a 529 college savings plan helps you save for a college education. The Path2College 529 Plan, offered by the State of Georgia, provides families with the following benefits:
- Contributions by Georgia income taxpayers are eligible for a Georgia income tax deduction. Deduction limitations and other restrictions apply.
- Any earnings grow tax-deferred.
- Funds may be used for qualified higher education costs such as tuition, books, and certain room and board expenses in the U.S. and or even abroad.
- Qualified withdrawals are federal and Georgia income tax free.*
- It's transferable. If your child decides not to attend college, or uses a scholarship, you can change the beneficiary to another member of the family.
I encourage you to learn more about the Path2College 529 Plan for your family. It's flexible, makes saving easy and includes federal and Georgia state income tax advantages. To learn more, including tax deduction details, simply visit www.path2college529.com .
Before investing in a 529 plan, you should consider whether the state you or your designated beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax, or other benefits that are only available if you invest in that state's 529 plan.