College Savings

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Helpful Resources for 529 Plans

Allianz Global Investors
www.allianzinvestors.com
Allianz Global Investors, the asset management subsidiary of Allianz SE, has more than $2.1 trillion in assets under management, as of June 30, 2011, for our clients worldwide. Our affiliated investment managers — including PIMCO, NFJ Investment Group, Allianz Global Investors Capital and RCM — offer their own distinctive philosophy and culture, and provide clients with a comprehensive and constantly evolving range of investment styles and products through its distribution network including mutual funds, closed-end funds, managed accounts, variable annuities, retirement solutions and 529 college savings plans.

 

College Board
www.collegeboard.com
This national association serves more than 7 million students and their parents. It also provides information on over 3,500 colleges and universities.

 

College Savings Plans Network (CSPN)
www.collegesavings.org
This Web site provides detailed information about 529 college savings plans and allows you to compare plans from around the country.

 

U.S. Department of Education
www.fafsa.ed.gov
This Web site provides information on the federal financial aid process, including eligibility requirements and eligible schools, and features the Free Application For Federal Student Aid (FAFSA). The FAFSA application must be completed in order for a college student to qualify for federal and state student grants, work-study, and loans.

 

 


NOTICE: CollegeAccess 529 Plan accounts are not insured by any state, and neither the principal deposited nor any investment return is guaranteed by any state. Furthermore, the accounts are not insured, nor the principal or any investment return guaranteed, by the federal government or any federal agency.

 

Before investing, an individual should consider whether their state of residency — or their intended designated beneficiary's state of residency — offers any benefit, such as a state tax deduction, or any other benefits that are only available for investments in that state's 529 savings program.

 

An investor should consider the investment objectives, risks, and charges and expenses of the CollegeAccess 529 Plan before investing. This and other important information is in the Plan Disclosure Statement, which should be read carefully before investing, and which is available on this Web site. Click here to download a copy.

 

The Program Manager for the CollegeAccess 529 Plan is Allianz Global Investors Distributors LLC, 1633 Broadway, New York, NY 10019-7585, 1-866-529-7462. The Plan is issued by the South Dakota Higher Education Savings Trust and is underwritten by Allianz Global Investors Distributors LLC.

 

Withdrawals from a 529 Plan for qualified expenses are free from federal income tax. Qualified expenses include tuition and fees, room and board, books and other supplies.

 

State taxes may apply for residents of states other than South Dakota. Speak to your tax or financial advisor.

 

Non-qualified withdrawals are subject to federal income tax and a 10% penalty tax on earnings, with some exceptions, and may also be subject to state tax.

 

Please see the Plan Disclosure Statement  for our privacy policy.

 

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