Education Planning
Costs for a college education are expected to reach as high as $250,000* for four years at a private institution and more than $100,000* for a four-year public university by the year 2020. Although the costs may seem to be out of reach, the reality is, you can afford college for your children if you plan ahead.
At HSBC Securities, we offer you many resources for college planning and financing – including 529 college savings plans and Coverdell Education Savings Accounts, both of which provide tax-free earnings and distributions for qualified education expenses that are free of federal income taxes! In fact, an Education Savings Account can even help you pay for elementary, middle school and high school education costs.
But perhaps the most invaluable resource we offer is an HSBC Securities Financial Advisor who can help you develop a plan for saving for your child's college education. Your advisor can estimate your education costs, determine how much you can afford to save and find the best strategies for reaching those goals.
Just call 1-800-662-3343 or stop by your local HSBC branch to arrange a personal planning session.
*National College Resource Association
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NOT A BANK DEPOSIT OR OBLIGATION OF THE BANK OR ANY OF ITS AFFILIATES
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NOT FDIC-INSURED
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NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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NOT GUARANTEED BY THE BANK OR ANY OF ITS AFFILIATES
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MAY LOSE VALUE
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Securities and annuities are provided by Registered Representatives and Insurance Agents of HSBC Securities (USA) Inc., member NYSE/FINRA/SIPC, registered Futures Commission Merchant, a wholly-owned subsidiary of HSBC Markets (USA) Inc. and an indirectly wholly-owned subsidiary of HSBC Holdings plc. |
HSBC Securities (USA) Inc. or any other member of the HSBC Group may from time to time underwrite, perform or seek to perform investment banking services for issuers or make a market or otherwise buy or sell as principal securities or other instruments, or together with the issuers directors, officers and employees may have either a long or short position in securities, commodities, currencies or other instruments or futures or options contracts convertible into securities or other instruments. |
This information is not an offer to sell or a solicitation of an offer to buy any security, nor shall any such security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale may not lawfully be made. |
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