Redstone Brokerage Services

College Savings

Saving for a college education can feel overwhelming, so our Financial Consultants are available to help you find the solution for your unique situation. We can help you understand the various benefits of funding your child's or grandchild's education with a 529 Plan or Coverdell Education Savings Accounts.

529 College Savings Plans
Section 529 college savings plans are tax-advantaged college savings vehicles. Prior to investing in a 529 Plan investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.

Coverdell Education Savings Accounts
A Coverdell Education Savings Account (ESA) is a tax-advantaged trust or custodial account used to invest for a child's K-12 or college education. You set up the ESA and choose how to invest the money, typically on behalf of the child beneficiary. The potential earnings grow tax deferred, which means your money has a chance to compound faster.

Call today to set up a free consultation with one of our Financial Consultants.



Check the background of investment professionals associated with this site on FINRA’s BrokerCheck.

Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products sold through LPL Financial are not insured Redstone Federal Credit Union® (RFCU®) deposits and are not NCUA insured. These products are not obligations of RFCU and are not endorsed, recommended, or guaranteed by RFCU or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible. The investment products are being offered by an employee of RFCU who is a registered representative of and also sells products for LPL Financial.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: Alabama and Tennessee. RFCU and Redstone Brokerage Services are not registered broker/dealers. LPL is a separate entity from and not affiliated with RFCU or Redstone Brokerage Services. RFCU does not warrant, guarantee, or insure any product or service offered by LPL or Redstone Brokerage Services. Redstone Brokerage Services and RFCU do not provide tax advice. Please consult your tax advisor for your specific questions.

Must be RFCU member to obtain investment products. Must be eligible for membership and open a share savings account in order to join. A $5.00 minimum balance is required to open and must be maintained in share savings account at all times. Fees and other restrictions may apply. Redstone Federal Credit Union and Redstone Brokerage Services are affiliated but are separate entities.

Get a Free, No Obligation Investment Review Today!

Redstone Brokerage Services offers a free, no obligation consultation for all Redstone Federal Credit Union® members. Make your appointment today by calling 800-234-1234 ext 8351 Monday through Friday, 9 am to 5 pm.

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