Education Savings Accounts

Save for education without breaking your budget

529 College Savings Plan

Open a 529 plan and get an easy, flexible way to save for education.D

  • Get the benefit of tax-free earnings while you save for college
  • Use your savings tax-free for qualifying higher education expenses in any state
  • Let anyone contribute to your child's education
Learn more about the 529 College Savings Plan

Coverdell Education Savings Account

Save for all your education needs—not just college.DD

  • Protect your education savings in an FDIC-insured account
  • Contribute up to $2,000 per child per year
  • Make tax-free withdrawals for qualified education expenses
Learn more about Coverdell Education Savings Accounts

Insights
A few financial insights for your life

College

College Savings: The Rules are Changing

529 plans have more flexibility than they once did, and there are other ways to save for college.
While 529s are the only tax-advantaged savings vehicle for college, there are other options that do create flexibility.
Debt

Student Loans: Consolidate or Refinance?

Check out the benefits of both student loan consolidation and refinancing. Either way, you could simplify payments and save on interest.
Consolidating student debt refers to combining several loans into one new loan.
College

Student Loans: Strategies for Repayment

Review the latest available programs and set a strategy for how you'll pay down your student loans.
Now's a great time for most borrowers to revisit their budgets and consider reducing their discretionary expenses as they transition back into loan repayment mode.

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About the Entities, Brands and Services Offered: First Citizens Wealth™ (FCW) is a marketing brand of First Citizens BancShares, Inc., a bank holding company. The following affiliates of First Citizens BancShares are the entities through which FCW products are offered. Brokerage products and services are offered through First Citizens Investor Services, Inc. ("FCIS"), a registered broker-dealer, Member FINRA and SIPC. Advisory services are offered through FCIS, First Citizens Asset Management, Inc. and SVB Wealth LLC, all SEC registered investment advisors. Certain brokerage and advisory products and services may not be available from all investment professionals, in all jurisdictions or to all investors. Insurance products and services are offered through FCIS, a licensed insurance agency. Banking, lending, trust products and services, and certain insurance products and services are offered by First-Citizens Bank & Trust Company, Member FDIC, and an Equal Housing Lender, and SVB, a division of First-Citizens Bank & Trust Company. icon: sys-ehl

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FirstCitizens.com/Wealth/Disclosures

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NMLSR ID 503941

Account openings are subject to normal bank approval.