Wachovia Educational and Custodial Accounts

Saving for education—elementary school, high school, college, or all three—can be quite challenging, and may become more so as tuition costs continue to rise. One of the keys to successful education planning is getting started early.

At Wachovia Securities, we feel strongly that when you invest in careful planning today, you may be well rewarded tomorrow. Our Financial Advisors can help estimate the potential cost of educating your children, determine how much you need to save, and help you choose the education savings strategy that’s appropriate for your needs.

Coverdell Education Savings (Apply Now)

The Coverdell Education Savings Account enables parents, grandparents, friends—even children—to save for higher education expenses tax-free.*

UGMA/UTMA Custodial

A custodial account gives parents the ability to control investments, while still allowing a minor to be the owner of the account.

529 College Savings Plans

529 college savings plans offer investors a tax-advantaged way to save for educational expenses with control over their savings and professionally managed investment options.

Please consider the investment objectives, risks, charges and expenses carefully before investing in a 529 savings plan. The official statement, which contains this and other information, can be obtained by calling your financial advisor. Read it carefully before you invest.

An investor should consider, before investing, 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 529 college savings plan.

The availability of such tax or other benefits may be conditioned on meeting certain requirements. Non-qualified withdrawals are subject to federal and state income tax and a 10% penalty.

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* Qualified Coverdell Education Savings Account distributions are not subject to state and local taxation in most states.

529 college savings plans cannot be managed by using Online Brokerage.

529 college savings plans are subject to enrollment, maintenance, administrative and management fees and expenses.

College savings plans offered by each state differ significantly in features and benefits. The optimal plan for each investor depends on his or her individual objectives and circumstances. In comparing plans, each investor should consider each plan's investment options, fees and state tax implications.

Wachovia Securities is not a tax or legal advisor.

Securities and Insurance Products: Not Insured by FDIC or any Federal Government Agency; May Lose Value; Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA /SIPC.

Wachovia Securities Statement of Financial Condition
Audited - December 31, 2007
Unaudited - June 30, 2007

CollegeSense is a registered mark of Evergreen Investment Services, Inc. Evergreen Investment Management Company, LLC is a subsidiary of Wachovia Corporation and a separate affiliate of Wachovia Securities.

Member FDIC. Only deposit products are FDIC insured.

Educational and Custodial Accounts

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