Education Savings

The smartest way to save for college

529 plans offer tremendous tax benefits for college savings. While your account earns income during the years before your child begins college, you don't have to pay any income tax on those earnings. Then, when your child starts college and you have to make withdrawals from your 529 plan to pay for college expenses, the earnings on your account effectively become tax-free.

For your children or even grandchildren and future generations, 529 plans are the smart way to build an educational nest egg, tax free.

Important Consumer Information:
INVEST Financial Corporation, member  FINRA, SIPC, is not affiliated with Androscoggin Bank. Securities, advisory services and insurance products offered through INVEST Financial Corporation, a Registered Broker Dealer and Registered Investment Advisor, and its affiliated insurance agencies:

    * Are NOT FDIC INSURED
    * May lose value
    * Have no bank guarantee

This site is for informational purposes only and is not intended to be a solicitation or offering of any security and:

Representatives of a broker-dealer ("BD") or investment advisor ("IA") may only conduct business in a state if the representatives and the BD or IA they represent (a) satisfy the qualification requirements of, and are approved to do business by, the state; or (b) are excluded or exempted from the state's licensure requirements. Representatives of a BD or IA are deemed to conduct business in a state to the extent that they provide individualized responses to investor inquiries that involve (a) effecting, or attempting to effect, transactions in securities; or (b) rendering personalized investment advice for compensation.

The security products being offered:

   1. ARE NOT BANK DEPOSITS;
   2. ARE NOT FDIC INSURED;
   3. ARE NOT OBLIGATIONS OF , OR GUARANTEED BY, ANDROSCOGGIN BANK; AND
   4. INVOLVE INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF PRINCIPAL.