Saving and Planning for College

Understanding 529 College Savings Plans

Designing Spaces

Military Makeover field correspondent Art Edmonds sits down with Ryan White from Columbia Management to talk about today’s college landscape, and get a better understanding of 529 College Savings Plans. College costs continue to rise, and show no signs of slowing down. Additionally, financial aid has been coming more and more in the form of loans, so students are graduating with thousands of dollars of debt.

A 529 college savings plan is a tax-advantaged investment that was designed to help families save for the important goal of a college education. Money saved in a 529 plan can be used for a number of eligible college expenses, and can be used at any eligible institution in the U.S. as well as some international schools. Based on this definition, Ryan is able to answer questions from Art about saving for college.


Future Scholars of America

Sending a child to college can be expensive, so how can the Lunt's, a military family, start to save for their baby boys' education?

College costs continue to rise and show no signs of slowing down.

And for military veteran Stephen Lunt, and his wife Ashley, who are the proud parents of a baby boy, what does the future hold for their son? A college education will open doors for him, but sending a child to college is expensive.

Did you know that in 18 years the price for four years at a public university could cost as much as $248,000, and a private university could be as much as $488,000? And financial aid has been coming more and more in the form of loans, so students are graduating thousands of dollars in debt.

That’s where Columbia Management steps in to help the Lunt family in the “Designing Spaces of Hope – Military Makeover” series which shows the step-by-step makeover of the Lunt’s Summerville S.C. townhouse. Ryan White from Columbia Management was on location to talk about their Columbia Management Future Scholar 529 College Savings Plan.

White advises to save now for the cost of college in the future. A 529 college savings plan is a tax-advantaged savings vehicle that provides families with a smarter way to save for the important goal of a college education.

o The Columbia Management Future Scholar 529 Plan offers a robust investment line-up, with funds from some of the industry’s top money managers
o It is also one of the lowest-cost plans in the country, so more money stays in the account for college
o Visit columbiamanagement.com/futurescholar for more information about the Columbia Management Future Scholar 529 Plan
o Visit columbiamanagement.com for more information on the additional investment solutions we offer

“Designing Spaces of Hope – Military Makeover” will chronicle the renovations of the home of wounded Purple Heart recipient Stephen Lunt and his family. While in Afghanistan, Lunt was forced to fight an insurgent in hand-to-hand combat, resulting in numerous injuries and multiple surgeries.

You‘ll have to tune in to hear Stephen’s full background story and this heart-warming and inspirational series hosted by R. Lee Ermey on Designing Spaces airing on Lifetime. Don’t miss the Columbia Management segment with Ryan White in Episode #1 and see how they help the Lunt family.

– Episode #1 – Friday, November 21, 2014 at 7:30 am (ET/PT)
– Episode #2 – Friday, November 28, 2014 at 7:30 am (ET/PT)
– Episode #3 – Friday, December 5, 2014 at 7:30 am (ET/PT) The BIG REVEAL!

Columbia Management Investment Distributors, Inc., member FINRA, is the distributor and underwriter for the Columbia Management Future Scholar 529 College Savings Plan Financial Advisor Program. The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer. Investment products offered through Columbia Management Investment Distributors, Inc., member FINRA. Advisory services provided by Columbia Management Investment Advisers, LLC. 976621_(08/14)


Designing Spaces™ and Columbia Management Team Up for Military Home Makeover Series

FOR IMMEDIATE RELEASE

Media Contact:
Pamela Steele-Unger
O2 Media, Inc.
pamela@o2mediainc.com
(954) 571-5221

Designing Spaces™ and Columbia Management Team Up for Military Home Makeover Series

“Designing Spaces of Hope – Military Makeover” series airing beginning this Friday, November 21, will chronicle the renovations of the townhouse of a Purple Heart Hero and his family; R. Lee Ermey, “The Gunny” to host the series on Lifetime

(POMPANO BEACH, Fla. – PR.Com – November 18, 2014) Award-winning home improvement show Designing Spaces™ will feature Columbia Management in the first episode of the “Designing Spaces of Hope – Military Makeover” three-part miniseries on Friday, November 21 at 7:30 a.m. (ET/PT) on Lifetime to help a young veteran and his wife learn about saving and planning for college for their baby boy.

“Designing Spaces of Hope – Military Makeover” presented by Nissan, will air for three consecutive Fridays, November 21, 28 and December 5, 2014 at 7:30 a.m. (ET/PT) on Lifetime and is hosted by “The Gunny”, R. Lee Ermey.

The show will chronicle the renovations of the home of wounded Purple Heart Hero Stephen Lunt, his wife Ashley and their son. While in Afghanistan, Lunt was forced to fight an insurgent in hand-to-hand combat, resulting in injuries, surgeries, and a long and painful recovery. Viewers will need to tune-in to hear his inspiring full story.

Ryan White from Columbia Management was on location in Summerville S.C. during the renovations to talk about the current college landscape and what a 529 plan is, and the features and benefits of this tax-advantaged savings vehicle designed to help families like the Lunt’s save for the important goal of a college education.

The Columbia Management Future Scholar 529 College Savings Plan, which offers a robust investment line-up with funds from some of the industry’s top money managers is also one of the lowest-cost plans in the country, so more money stays in the account for college.

“Many people aren’t aware of 529 plans and their ability to help families save for college; the show’s educational format allows us to bring awareness to families about the reality of today’s college landscape and how a 529 plan can help them save for the increasing cost of college,” said Stephanie Giardina, Marketing Manager, 529 Plans.

Ermey, “The Gunny”, is a retired United States Marine Corps Staff Sergeant and Drill Instructor and is best known for his TV and Movie career which has spanned over three decades, including his break-out role as the tough drill instructor Gunnery Sergeant Hartman in Stanley Kubrick’s Full Metal Jacket.

Designing Spaces along with their valued partners like Columbia Management will take viewers step-by-step along the journey to see how the townhouse, provided mortgage-free by Operation Homefront, is transformed into a more comfortable home for the Lunt family. Through its Homes on the Homefront program, Operation Homefront – with the help of its corporate partners – awards mortgage-free homes to veterans of any era, helping bring the American dream of home ownership to those who have sacrificed so much for their country.

To learn more, please visit: http://www.columbiamanagement.com/futurescholar

About Designing Spaces™
Entering its 10th year, Designing Spaces™ continues to be one of America’s favorite home improvement shows. The show inspires viewers on decorating ideas, do-it-yourself projects and step-by-step home improvements to help make every space count and provide solutions to help you enjoy the space you live, work and play in. Designing Spaces™ Family of Spaces includes Think Green Spaces, Kids Spaces and its widely popular Spaces of Hope which prides itself on assisting people and places in dire need of a makeover including children’s shelters, animal shelters, military families and more. Designing Spaces™ airs Thursdays and Fridays at 7:30 a.m. (ET/PT) on Lifetime Television.
For more information or to view special segments visit: http://www.designingspaces.tv

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