2011 College Savings Strategies
Soundbite and Script
August 30, 2011
ANNOUNCER:
A RECENT FIVE-YEAR STUDY BY FIDELITY INVESTMENTS FINDS THAT FAMILIES ARE CHANGING THE WAY THEY TACKLE THE RISING COST OF COLLEGE. INCREASINGLY, PARENTS ARE USING STRATEGIES LIKE STARTING TO SAVE EARLIER, AND ASKING THEIR CHILDREN TO WORK AT SCHOOL OR GRADUATE IN FEWER SEMESTERS TO HELP DEFRAY EXPENSES. JOE CICCARIELLO IS VICE PRESIDENT OF COLLEGE PLANNING AT FIDELITY.
JOE CICCARIELLO, VICE PRESIDENT OF COLLEGE PLANNING, FIDELITY INVESTMENTS:
“Parents are planning earlier and saving more efficiently, yet with costs continuing to rise, saving for college remains a challenge. Today, American families are on track to meet just 16 percent of total estimated college expenses. But mapping out a savings strategy early, and setting up a dedicated, tax-advantaged account, like a 529 plan, can help parents better prepare for future college costs.”
ANNOUNCER:
TO LEARN MORE ABOUT COLLEGE SAVINGS STRATEGIES, VISIT FIDELITY-DOT-COM-SLASH-VIEWPOINTS, OR CALL 1-800-544-1914. I’M JON DRYDEN.
KEEP IN MIND THAT INVESTING INVOLVES RISK, INCLUDING THE RISK OF LOSS. PLEASE CAREFULLY CONSIDER THE PLAN’S INVESTMENT OPTIONS, RISKS, CHARGES AND EXPENSES BEFORE INVESTING. BROKERAGE SERVICES PROVIDED BY FIDELITY BROKERAGE SERVICES LLC, MEMBER NYSE, SIPC.