Because Kids Have Big Dreams...

CollegeBoundfund
is a flexible and efficient way to save for college.
It is a saviongs program that helps make saving for a child's higher education easier.

Benefits include:

• Investments made through Alliance Berstein investments
• Tax-free withdrawals - Assets grow tax-free and withdrawals if used for education expenses are also federal income tax free.
• No income limits for those making contributions and you can contribute up to $330,690 per beneficiary
• Low minimum investments - Automatic contributions plans are available for as little as $50 per month. Minimum initial investment if made by check is $1000.
• A choice of inverstment options... two aged based and three fixed allocation education straategies
• Option to change beneficiary on your account at any time to another member of the former beneficiary's family.
• Experienced investment management
• Funds can be used at any higher education institute in the U.S.
• Withdrawal contributions at any time, but earnings on those funds must be used for education expenses or be taxed as ordinary income to the recipient abnd subject to a 10% penalty.
• Special Gift and Estate Tax treatment - Contributions are considered ompleted gifts and are excludable from your taxable estate for federal estate tax purposes. Contributors can also take advantage of the annual $12,000 gift tax exclusion.

 Contact the credit union for additional information.