From Januto December 31 st 2021, the average annual compounded rate of return for the S&P 500®, including reinvestment of dividends, was approximately 11.3% (source: Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The Standard & Poor's 500® (S&P 500®) for the 10 years ending December 31 st 2021, had an annual compounded rate of return of 13.6%, including reinvestment of dividends. The actual rate of return is largely dependent on the types of investments you select. This will also be the rate used if you end up with a negative balance and need to borrow money to meet your goal. All rights reserved.Rate of return This is the annually compounded rate of return you expect from your investments. ©2022 Texas Prepaid Higher Education Tuition Board. Member FINRA, SIPC.Ĥ221 N 203rd St, Suite 100 Elkhorn NE 68022 The Texas College Savings Plan is distributed by Northern Lights Distributors, LLC. “Texas College Savings Plan” is a registered mark of the Texas Prepaid Higher Education Tuition Board. Investors should read the document carefully before investing.Ĭomments or complaints may be mailed to the following address or made by calling the following number: Prepaid Higher Education Tuition Program, Office of the Comptroller of Public Accounts, P.O. The Plan Description and Savings Trust Agreement contains this and other information about the Plan, and may be obtained by visiting or calling 800-445-GRAD (4723), option #3. Securities and Exchange Commission or with any state.īefore investing in the Plan, investors should carefully consider the investment objectives, risks, administrative fees, service and other charges and expenses associated with municipal fund securities. Interests in the Plan have not been registered with or approved by the U.S. An account might not make money and could lose money (including the principal invested) if money is invested in the Plan. The account, the principal invested, and any investment return are not guaranteed, insured, or treated as a deposit or other obligation by the state of Texas, the FDIC, the Texas Prepaid Higher Education Tuition Board, any other state or federal governmental agency, or Orion, NLD or Gemini, or their respective affiliates. Non-residents of Texas should consider whether their home state, or the beneficiary’s home state, offers its residents any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for participants in that state’s 529 plan.
NLD and Gemini are not affiliated with Orion. (“Orion”) is the plan manager and the Plan is distributed by Northern Lights Distributors, LLC (“NLD”) and administered by Gemini Fund Services, LLC (“Gemini”). The Texas College Savings Plan ® is established and maintained by the Texas Prepaid Higher Education Tuition Board. Additionally, all program fees are contained in the Plan Description and Savings Trust Agreement. Total asset-based fees for the most recent quarter end are available here. Contact your attorney or other advisor regarding your specific legal, investment or tax situation. This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S.
0 kommentar(er)
