Allstate(R) - Jimmy Vargas

	Jimmy Vargas		(916) 686-4663
	Allstate Personal Financial Representative


			Jimmy Vargas 8933 Elk Grove Blvd Elk Grove, CA 95624 Office: (916) 686-4663 Fax: (916) 686-8370 More Information Send an E-mail \| Arrange a Meeting

My Qualifications
As a Personal Financial Representative living in the Sacramento area for 20 years with my wife and three...more

Allstate offers products that address a broad spectrum of financial objectives from savings and banking products to investment alternatives and a variety of specialized financial coverage.

Supplemental Health Insurance

	What investments can I use to save for college?
	What will it take to save for college?
	How much should I budget for living expenses?

MORE CALCULATORS

529 plans offer a flexible, tax-advantaged way to fund higher education. Money grows tax deferred and distributions are tax free, if used for qualified higher education expenses. Contribution limits vary by state.


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Learn which savings options can best help you meet your education funding goals.

Let's Get Started

Take the first step to building a solid financial plan that meets today's needs while securing your future.


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Contributions to Coverdell Education Savings Accounts are limited to $2,000 annually per designated beneficiary, and eligibility is tied to income. Earnings grow tax deferred, and distributions, if used for qualified education expenses, are federal tax-free. Nonqualified withdrawals are subject to current ordinary income taxes and may be subject to an additional 10% federal tax penalty. Tax laws are subject to change, and contributions and earnings may not be adequate to meet future educational expenses.

529 college savings plans vary by state, including contribution limits, state tax advantages, investment options and fees and expenses. You should carefully consider, before investing, whether your or the 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. Investment in 529 college savings plans grows tax-deferred, and distributions, if used for qualified higher education expenses, are federal tax-free. Please note that tax-free withdrawals for qualified higher education expenses are set to expire in 2011 unless the law is extended by Congress. Nonqualified withdrawals are subject to current ordinary income taxes and may be subject to an additional 10% federal tax penalty. Tax laws are subject to change and contributions and earnings may not be adequate to meet future educational expenses. Participation in a 529 college savings plan does not guarantee that contributions and earnings will be adequate to cover your child’s future college costs.

Allstate does not provide tax advice. Please consult your tax advisor for specific information.

Jimmy Vargas, California Insurance License Number 0749102, is licensed to sell Allstate insurance products only in the state(s) of California. The material contained in this Web site is applicable only in the state of California.

This material is intended for educational purposes only. Allstate, through its insurance companies, subsidiaries, and brokers/dealers, offers property and casualty insurance, life insurance and registered securities. Certain products, such as variable annuities, variable universal life insurance, mutual funds and 529 plans are available only through securities licensed representatives and sales material must be accompanied by a prospectus. Life insurance and fixed annuity products are available from Allstate Life Insurance Company: Home Office, Northbrook, IL, and Lincoln Benefit Life Company: Home Office, Lincoln, NE. Securities products, including variable annuities, variable universal life insurance, mutual funds and 529 plans, are offered by Allstate Personal Financial Representatives at FINRA registered branch offices of Allstate Financial Services, LLC (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA, SIPC. Main Office: 2920 South 84th Street, Lincoln, NE 68506. (877) 525-5727.

California Insurance License Name and Number: 0749102 and VARGAS, JAMES

Date Updated: 2/11/2010 3:33 PM (Counter: 17425)

IMCW00110

(02/15/2010)