Whether it’s education, a first home, or getting their first investment account, you can help turn their wishes into reality.
You’ve got their milestones mapped out. Now it’s time to make those dreams possible.
A flexible, tax-advantaged account designed specifically for education savings. Funds can be used for qualified educational expenses at schools nationwide, regardless of your state of residence.
Save and invest on a child's behalf, or give them a financial gift. Funds can be used for anything that benefits the child, whenever the money is needed.
This is a way to help your child start saving for retirement. It’s opened on behalf of a child who has earned income and it’s managed by an adult.1
Teens 13 to 17 own and manage this account (with parental oversight), where they can learn to save and invest in one secure place.
If a child is 13-17 and wants to learn the basics while they invest with the help of a parent or guardian, we have the resources to help them research, choose, and start investing.
Time is on a child's side—a little saved today has a lifetime to potentially grow. Anyone under the age of 18 is eligible to put money into a Roth IRA when they receive their first paycheck. This is a great time for a child to learn about the power of investing early—they have the opportunity to put their own money to work for their future.
With an Attainable® Savings Plan (ABLE account), individuals with disabilities and their families can save for disability expenses while still keeping such benefits as Supplemental Security Income and Medicaid.
This may be an affordable way to provide those closest to you with the financial support needed when the unexpected happens. A term life insurance policy could help cover major expenses like mortgage, rent, childcare or future goals like college.
A Trump Account lets you start saving for your child’s retirement from birth, giving your investments more time to potentially grow. Learn more about how this account works and whether it can fit in with your goals.
Learn ways to explore investment options and potential tax advantages.
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Planning ahead can give you greater control over your legacy. We can discuss strategies that may help you invest in a family member's education, manage your assets, and consider tax efficiency throughout.
We’ll guide you through some basic questions to help you find accounts that may fit your goals.
We can help you get started.
1. Generally, compensation is what you earn from working. For a summary of what compensation does and does not include, see IRS Publication 590A Table 1-1.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Images are for illustrative purposes only.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
The Attainable Savings Plan is offered by the Massachusetts Educational Financing Authority and managed by Fidelity Investments. Qualified ABLE programs offered by other states may provide their residents or taxpayers with state tax advantages or other state benefits. You should consider whether your home state offers its residents or taxpayers state tax advantages or benefits that are only available for investing in that state's ABLE program before making an investment in the Attainable Savings Plan.
Units of the portfolios are municipal securities and may be subject to market volatility and fluctuation.
Please carefully consider the plan's investment objectives, risks, charges, and expenses before investing. For this and other information on any 529 college savings plan or ABLE plan managed by Fidelity, contact Fidelity for a free Fact Kit or Disclosure Document, or view one online. Read it carefully before you invest or send money.
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