CollegeWealth^SM 529 Savings Account

Books, room and board, equipment, let's face it paying for a college education is going to be expensive.

That's why Union Bank and Trust offers a Virginia CollegeWealth^SM 529 savings account as a strategy for planning and saving for college expenses.

Clear benefits:

• Tax Advantages
• FDIC Insured
• Interest rate tiered according to balance
• Use your CollegeWealth^SM 529 Savings Account for expenses like:
  1. Tuition and fees
  2. Certain room and board costs
  3. Textbooks
  4. Required supplies and equipment

We have partnered with the Virginia College Savings Plan, an independent agency of the Commonwealth of Virginia, which means you can use your savings at any accredited college eligible to accept federal financial aid.

The money can also be used at many vocational and for-profit schools and community colleges.

• Minimum of $250.00 to open
• No age limits for adults or children
• No state residency requirements
• Maximum amount of contributions per beneficiary is $350,000 across all Virginia 529 programs
• Protection from creditors under Virginia law
• $25 annual fee

Advice:

Customers are encouraged to obtain a CollegeWealth^SM 529 Program Description from any Union Bank & Trust location, by calling 1-866-593-1100, or by clicking on the first link below.

• CollegeWealth^SM 529 Program Description
• CollegeWealth^SM 529 Application
• CollegeWealth^SM 529 Contribution Form
• CollegeWealth^SM 529 Account Owner Transfer Form
• CollegeWealth^SM 529 Beneficiary Transfer Form

*For residents of states other than Virginia: your state or the beneficiary's state of residence (if different) may sponsor a 529 plan that offers state income tax and other benefits not available to you through CollegeWealth^SM. CollegeWealth^SM is a Section 529 (Virginia 529) plan sponsored by the Commonwealth of Virginia. CollegeWealth^SM is a registered service mark of the Virginia College Savings Plan.