Education Bonds Explained
An Education Bond in Australia is an investment product crafted to facilitate savings for educational expenses. By contributing to an Education Bond, you're investing in a fund that typically comes with tax advantages and other benefits.
The money invested in the Education Bond has the potential to grow over time. When the need arises to pay for educational costs, you can make withdrawals. If these withdrawals are used for educational expenses, they may qualify for the Education Tax Benefit, adding value to your investment.
Education Bonds are intended to be long-term savings plans to provide financial support for a child's or beneficiary’s schooling from primary through to tertiary education and more. The flexibility these bonds offer allow you control and access to your funds for any purpose, at any given time.
Due to the flexibility built into Futurity Education Bonds, you can maintain full control and access to your fund, for any purpose, at any time.
Discover the differences between an Education Bond and an Investment Bond
