Flying the Nest
Higher education leads to higher earnings, a better quality of life and contributes significantly to personal and financial success — something we all want for our children and grandchildren.
However, with rising college costs and increased financial obligations, families have become overwhelmed.
Whether you are beginning to save for a young child or have a one ready to enter college, with a little planning we can help!
We can evaluate which type of account is best for your situation. A 529 Savings Plan? An Education IRA? A Custodial Account? Or perhaps none at all. We assist in selecting investments that will address your tuition goals and time horizon.
If you already have savings, and your child is now only a few years away, it is imperative you develop a strategy for liquidation. This is now a short-term goal and should be invested accordingly.
If your child or grandchild is entering or presently in college, we can help you devise a tax efficient strategy to pay for current college costs.