A college education can provide a lifetime of benefits, including financial security, happiness, and a competitive edge when entering the workforce. However, as costs continue to rise, the challenge of saving for college has never been greater. “
College investing programs come in many shapes and sizes. We can educate you on your options and help you choose the right college plan and investment option to address your needs.
The following are among the most popular education savings plans available today.
- 529 Plans
- Coverdell Education Savings Accounts
- Custodial Account (Uniform Transfer to Minor Act)
Three things to consider before dipping into retirement savings to pay for college.