College Savings Options
College Savings Options
College Expense Planning
College is expensive, and the cost will only continue to rise. With an average annual increase of 5-9% each year, it will take a small fortune to put your child through college.
We can help.
The basics of financial planning used in conjunction with the proper tax-saving vehicle can allow families to pre-fund college expenses.
In addition, some of these vehicles can be great tools for parents and grandparents to use for trusts and estate planning.
College Savings options
- 529 State Prepaid Tuition Plans
- 529 State College Savings Plan
- UTMA Uniform Transfer to Minors Act
- Coverdell Education Savings Account