Providing for your child’s future is increasingly challenging as higher education costs continue to rise. Fairfield County Financial Services has the right tools to help ensure your child gets the best education possible.


  • Smart education savings and investing solutions are available including tax-advantaged plans
  • A Certified Financial Planner can recommend options and help you select the best college funding program for your needs.


529 College Savings Plan - A Powerful Way to Pay for College

The 529 College Savings Plan is an effective and flexible investment opportunity to help families save for a college education.


Potential benefits include:

  • Earnings are not taxed when they are withdrawn provided they are used for qualified higher education expenses*
  • Many states offer tax advantages, some, like CT offer tax free earnings.**
  • No income restrictions
  • Savings can be used at any accredited institution of higher learning as well as at many foreign institutions
  • Any U.S. citizen or permanent resident can contribute


*Qualified expenses include tuition, room and board, books and other supplies needed for attendance at an institution of higher education. A 10% federally mandated penalty on the earnings withdrawn for non-qualified expenses will apply.
**Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through a 529 plan. Before investing in any state's 529 plan, investors should consult a tax advisor.


For more information on Education Planning, contact one of our Osaic Institutions Financial Advisors, call Fairfield County Financial Services at 203.431.7530 or toll-free at 1.800.776.6518, ext. 7530


Investment and insurance products and services are offered through Osaic Institutions, Inc. Member FINRA/SIPC. Fairfield County Financial Services is a trade name of Fairfield County Bank. Osaic Institutions and the Bank are not affiliated. Products and services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.