Services: Educational Planning & College Funding

It’s never too early to start funding your children or grandchildren’s education. As an independent financial consulting firm, we have access to several 529 Savings Plans and other products to help get you started.

529 Savings Plans allow you to take distributions from the account tax-free to pay for qualifying educational expenses, such as room and board, food, books and more.

If you’re not sure your child will attend a higher education institution but want to have funds in place to potentially put toward college, you can also set up other types of accounts. There are options available that don’t have the requirement of the funds being used for qualifying educational expenses to be withdrawn tax free.

 

*Prior to investing in a 529 Plan investors 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 that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.