Saving for your children's education can be confusing and overwhelming for parents.
For parents, funding your son's or daughter's college education is a primary concern. College tuition costs are rising more than three times faster than the annual inflation rate, with no relief in sight. At D.B. Root & Company, we help you to understand the complexities and the options involved with saving for college education.
Let us help you: - Determine how much it will cost to ensure your children are able to pursue their dreams.
- Develop a plan utilizing the proper mix of 529 savings plans, Coverdell IRAs, and/or custodial accounts to meet your preferences for control, contribution levels, and flexibility.
- Design a college savings strategy that will not interfere with other sources of financial aid.
- Understand the tax implications of the options available to you—not just immediate tax implications—also future tax consequences when the money is withdrawn.
- Prepare an investment strategy that is balanced between capital appreciation and preservation to ensure that the funds are available when needed.
|