How to Plan for College

Keeping college in reach
You know how important a college education can be to opening minds and doors. You also know how expensive it can be. The MFS 529 Savings Plan can help keep college in reach. 529 plans can be used to pay for tuition, fees, room, board, books, and required supplies at accredited colleges, univerities, and vocation schools across the country.

Participation in the plan does not guarantee that contributions and the investment return on contributions, if any, will be adequate to cover future tuition and other higher education expenses.

Systematic investing adds up over time
College costs can be overwhelming today. But there are smart ways to work toward making college a reality, such as taking advantage of a systematic investing program. It enables you to invest a set amount of money each month.

Maintain a balanced portfolio
For many investors, one of the main factors in determining long-term success is asset allocation – how you spread out your money among stocks, bonds, and cash. As part of a disciplined diversification investment strategy, asset allocation enables you to follow the proven three-step process – allocate, diversify, and rebalance.

The use of a systematic investing program and diversification does not guarantee a profit or protect against a loss in declining markets. You should consider your financial ability to continue to invest through periods of low prices.The investments you choose should correspond to your financial needs, goals, and risk tolerance. Keep in mind that all investments, including mutual funds, carry a certain amount of risk including the possible loss of the principal amount invested. For assistance in determining your financial situation, please consult an investment professional.

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Additional resources
College planning information, including financial aid, college selection, and scholarships are available on the following Web sites.
Federal Stafford loan and financial aid resources.
The parent loan for undergraduate students.
Financial aid advice, links, and resources.
Search for the right college, scholarships, and loans.
Search for scholarships, get expert tips on financial aid, download college applications, and find the right college.
Information, articles, and comparisons on 529 plans.
Extensive information for planning, finding the right college, paying for college, and taking the right tests.

About the MFS 529 Savings Plan
The MFS 529 Savings Plan is a flexible college investing plan sponsored by the state of Oregon, acting by and through the Oregon 529 Savings Board and is part of the Oregon 529 Savings Network. MFS Fund Distributors, Inc. is the Program Manager. MFS 529 Savings Plan accounts are considered municipal fund securities.

Depending on your state of residence and the state of residence of the beneficiary, an investment in the MFS 529 Savings Plan may not afford you or your beneficiary state tax benefits or other benefits only available for investments in such state's qualified tuition program. See your tax advisor to be sure you understand the tax issues related to a 529 plan. Withdrawals of earnings not used to pay for qualified higher education expenses are subject to an additional 10% federal tax penalty. State taxes may also apply.

There is a $25 annual account fee associated with the MFS 529 Savings Plan. This annual fee is waived for Oregon residents and for those accounts with assets of $25,000 or more. Other wiavers may apply, check with your financial advisor. Investments in 529 plans involve investment risks. You should consider your financial needs, goals, and risk tolerance prior to investing.

Before investing in the MFS 529 Savings Plan, consider the investment objectives, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, as well as a Participant Agreement and Disclosure Statement and Expense Supplement, contact MFS or view online at Read it carefully.

MFS does not provide legal, tax, or accounting advice. Individuals should not use or rely upon the information provided herein without first consulting with their tax or legal professional about their particular circumstances. Any statement contained in this communication (or elsewhere on this web site) concerning U.S. tax matters was not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. This communication was written to support the promotion or marketing of the transaction(s) or matter(s) addressed.