Federal and NH state income tax
free earnings growth means that
qualified withdrawals from the UNIQUE Plan will be income
tax-free when used for qualified higher education expenses.
An individual, such as a parent or grandparent, can give
up to $60,000 in one year without being subject to the gift
tax or double that amount if filing jointly. **
The UNIQUE Advantage
UNIQUE Plan allows families to customize their college investing
strategy with the flexibility to choose from among actively managed and index Age-Based Portfolios, which allocate funds more aggressively
for younger beneficiaries and more conservatively for teens,
and Static Portfolios which allows you to design your own plan.
Portfolios are comprised of Fidelity
Investments mutual funds. ***
Plan allows a maximum investment of $350,000
based on cost of seven years of education, adjusted annually.
Withdrawals can be used for a range of qualified higher
education expenses such as books, required supplies and
equipment, entire cost of room and board, and tuition.
Withdrawals can be used at accredited post-secondary schools,
anywhere in the United States.
Beneficiary can be changed at anytime. ****
No income limits on participation.
Open to anyone, regardless of state of residence.
for a free enrollment kit and complete details
or call Fidelity at 1-800-544-1914.
** This requires that no further gifts are made over the five-year
period, and that the gift is treated as a series of five equal
annual gifts. Consult your tax advisor for your particular situation.
Please request a free Kit for more information.
*** You cannot purchase individual mutual funds in your account
****Limitations apply. Please request a free Fact Kit for more