529 Plans

This product is increasingly popular with individuals who wish to set money aside for college expenses. It offers a number of advantages and restrictions, which can be explained by your Financial Consultant* at the Sussex Bank office. Investors should consider investment objectives, risks, and charges associated with Section 529 plans prior to investing. Contact your investment representative or carrier for more information about municipal fund securities which is available in the issuer's official statement or plan disclosure document which should be read carefully prior to investing. Most 529 plans are sponsored and administered by states. State tax benefits vary among the states, and some offer residents additional tax benefits if they invest in their own state plan. Consult your tax advisor for more information.