1The availability of such tax or other benefits may be conditioned on meeting certain requirements, such as residency or purpose for or timing of distributions. This information is based on current tax laws, regulations, rules and interpretations, which are subject to change at any time. Investors should contact a tax professional for more information about 529 Plan investing specific to their situations. Withdrawals used for expenses other than qualified education expenses may be subject to federal and state taxes, plus a 10% penalty.
2Periodic investment programs like AIS cannot guarantee a profit or protect against investment loss in a declining market.
Risk factors. Past performance is not a guarantee of future results. An investment in the Ivy InvestEd 529 Plan is subject to risk. Your investment return and
principal value will fluctuate, and your investment, when redeemed, may be worth more or less than your original cost. The availability of the tax and other benefits
may depend on meeting certain requirements.
The Ivy InvestEd 529 Plan is offered by Waddell & Reed, Inc. as part of the Arizona Family College Savings Program (the “Program”). Waddell & Reed, Inc. is one of multiple financial institutions eligible to offer investments under the Program.
Before investing, non-residents or tax-payers of states other than Arizona should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors than those offered under the Ivy InvestEdSM 529 Plan. Please consult your tax advisor regarding your personal tax situation.
Accounts are not insured by the State of Arizona, the Family College Savings Program Trust Fund (“the Trust”), the Arizona Commission for Postsecondary Education, or any other governmental entity, Waddell & Reed, Inc., or any affiliated or related party, and neither the principal deposited nor the investment return is guaranteed by any of the above referenced parties.
Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of the Ivy InvestEd 529 Plan. This and other information is found in the InvestEd Portfolios prospectus, and the Ivy Funds prospectus, the Ivy InvestEd 529 Plan Program Overview, and the InvestEd 529 Plan Account Application. All of these items are available from these links or from a financial advisor. Please read the prospectus carefully before investing.
IVY FUNDS® mutual funds are managed by Ivy Investment Management Company and are distributed by Ivy Distributors, Inc. InvestEd℠ Portfolios are managed by Ivy Investment Management Company and are distributed by Waddell & Reed, Inc. These financial products are offered by prospectus only. Waddell & Reed Financial, Inc. is the ultimate parent company of Ivy Distributors, Inc. and Waddell & Reed, Inc.
IVY INVESTMENTS® refers to the investment management and investment advisory services offered by Ivy Investment Management Company, the financial services offered by Ivy Distributors, Inc., a FINRA member broker dealer and the distributor of IVY FUNDS® mutual funds and IVY VARIABLE INSURANCE PORTFOLIOS℠, and the financial services offered by their affiliates.
