For Financial Advisors

Help clients save wisely for college

Financial advisors: Uplevel your clients’
education savings with WA529

Saving for higher education is a vital component of a family’s financial portfolio—and state-sponsored 529 plans benefit your clients in several ways.

Family

Tax-deferred growth and tax-free distributions when funds are used for qualified higher education expenses

Send

Accelerated gifting: large sums in a single year are excluded from state taxable income—and many states offer a deduction or credit

Send by Email

Annual gift tax exclusion if total student contributions do not exceed $19,000 per year ($38,000 for married couples)

Open a GET account

More flexible than custodial accounts & trusts as the beneficiary never gains account ownership

Free guide: Four ways 529 plans benefit clients during estate and gift tax planning

Participation in state-sponsored 529 plans is one of many strategies financial advisors can recommend to clients during
the estate and gift tax planning process. Download our free guide for four key benefits

Download estate and gift tax planning guide

Washington State 529 options

The State of Washington offers two 529 plans, GET and WA529 Invest.

A prepaid tuition plan with an added benefit: The State of Washington guarantees the value of purchased GET units will keep pace with the cost of attending the state’s highest-priced public university.
Complements the methods your clients are already using, expanding their range of options while reinforcing your commitment to offering a bevy of solutions tailored to their unique needs

Market-dependent college investment plan created by the state of Washington to help everyone in the U.S. save for qualified education expenses at eligible schools worldwide, including registered apprenticeship programs
Provides a wide range of investment options and tools to help clients save. Friends and family can also help through gift contributions.