Is Your Child or Grandchild Taking a Gap Year?

If so, you may be able to cover his or her expenses with savings from a 529 Plan. Or if you find yourself in the enviable position of having excess savings in a plan, you could transfer those funds to another family member without tax penalties. Contact us to discuss your education savings options in more detail.

Are you helping your children pay for college?

With college tuition costs on the rise, education funding has become a critical wealth management component for many parents who want to help their children avoid a heavy debt burden so early in life. If you’re planning on helping your children pay for college, there are a variety of funding options available to you. Contact us today to discuss which option may be right for you.

A college education is a gift that lasts a lifetime

With the NCAA basketball tournament upon us, you might be thinking about the colleges or universities the students in your life may someday attend. Check out the 2021 Tuition Bracket, which features the projected four-year tuition costs for each team in the tournament. With average tuition costs on the rise, it’s more important than ever to start saving for your education-funding goals.

Contact us today for help investing in your children or grandchildren's education.

Wondering what to do with excess 529 savings?

If you’ve saved diligently for a family-member’s education—and he or she does not need help funding education expenses—the 529 Plan savings can still be used without tax penalties. You could transfer funds for another child, niece/nephew or grandchild. Or see if room, board and textbook costs can be covered. You might even be able to pay for college credits for a qualifying gap year program. Contact us to discuss your education savings options in more detail.