529 Plans: What's the catch?

There’s Only 1 Question to Ask

“What’s the catch? There has to be a catch or a trick somehow. What’s your refund policy? What if my kid doesn’t want to go to school, or can’t get in? What’s the penalty? How can you pay prices now & they never go up for the next 15 years? I don’t believe it—you can’t get something for nothing…….”

I hear this from a lot of parents, and I get it. They want to know—how can you get something for nothing? It’s really a no-brainer. There is no catch. No surprise. No hidden warnings. The only question is Can you commit? Can you make the commitment to purchase for the future?

Unlike buying a pair of shoes or some nice jewelry, purchasing a College Illinois! contract is a commitment, a major purchase, a substantial obligation. It’s an investment that you may pay over several years time. But we are here to help you make sense of it, and figure out what’s the right plan for you.

How can we do this? And why are you allowed to pay today’s prices? The IRS allows you to contribute to a tax shelter when saving for college. In Illinois there are 2 types of 529s: Savings Plans or Pre-Paid Tuition Plans. College Illinois! is a 529 Pre-paid Tuition Plan- the only Pre-Paid Plan for the state of Illinois. Many other states have Pre-Paid Tuition Plans; but not all pre-paids are alike…read up on what our plan has to offer, you may be surprised. See why so many people are choosing this safer, more secure form of college savings.

It may not be right for everyone. I’ve said it before….for those moms & dads who are struggling to put a roof over their heads and food on the table, this may not be the plan for you. Clearly, putting aside an extra $50 or $100 a month may be out of the question. Or, if you are a full-time investor who monitors your earnings and watches your finances each & every hour of the day, you may not need this program.

However, if you are in the majority, where money’s tight, you know college is going to be a priority, but you don’t know how you can make that become a reality, this IS the best program for you. Every time we talk to parents they love what they hear- most sign up eventually or within the same enrollment period. They know a great thing when they see it. But you have to see it for yourself, and seeing is believing. Check out the section on our website that has comments from parents & students. Or, call us personally, and we can make sure you speak to a family that has used the contract and is completely comfortable. Until you ask you just don’t know. But remember that you get what you pay for. And with College Illinois! you know what you’re getting. There are no surprises. Where else can you get an investment with a legally binding contract that protects you, while keeping pace with historically high rates of tuition inflation, allowing you the tax breaks as well?

Nowhere else but College Illinois!. Call us at 877-877-3724

Amy S.