Keep up with rising college costs
The increasing importance of a college education is matched by increasing cost. A surprising sum will be needed to finance this long-term investment, but you can be ready by saving early with CollegeCounts. Find out how much you might need with our free college cost calculator.
Source: The College Board, “Trends in College Pricing,” 2011.
*Includes tuition, fees, and room and board. Assumes an
average college cost inflation rate of 5%.
Value of a college degree
Today’s job market is more competitive than ever before, placing a premium on a college degree. Higher education provides an edge while opening up more career options and increasing earning potential. In fact, lifetime earnings for those with a college education can add up to more than a million dollars in additional income.
Source: U.S. Census Bureau, Current Population Survey, 2011 Annual Social and Economic Supplement.
The CollegeCounts 529 Fund is a qualified tuition program under Section 529 of the Internal Revenue Code that is sponsored by the State of Alabama and administered by the Board of Trustees of the ACES Trust Fund (the “Trust” and plan issuer). Union Bank & Trust Company serves as Program Manager. Accounts and investments under the CollegeCounts 529 Fund are not insured or guaranteed by the FDIC, the State of Alabama, the State Treasurer of Alabama, the Board, the Trust, the Program, Union Bank & Trust Company, or any other entity.
Before investing, you should consider the investment objectives, risks, fees, expenses, and tax consequences associated with the Program. All of this information is contained in the Program Disclosure Statement. Please read it carefully before investing.
If you or your beneficiary is not an Alabama resident, consider whether your home state or the home state of your designated beneficiary offers a qualified tuition program that provides a state tax deduction or other benefits to residents who invest in that program.
Not FDIC Insured. No Bank Guarantee.May Lose Value.