Planning for a child’s or grandchild’s education is one of the most meaningful financial decisions families make. For years, 529 plans have been a popular tool for covering future college expenses, but they are not the only option. Families may also want to consider trusts, custodial accounts, or other strategies to ensure that educational funding […]
What You Need to Know: Financial Planning for Education
Education PlanningToday is National Financial Awareness Day, and while this is likely not a holiday many have added to their personal calendars, it is a good one as it reminds us to think about our finances and goals. Along those lines, one avenue of finances that is important to consider is that of financial planning for […]
How to Save for College Education
Education PlanningMia A. McFadden, CFP® With college costs soaring many parents are left scratching their heads over how to save for their child’s college education. We know that obtaining a college degree can result in higher pay and a wider array of career opportunities. But what we really hope a college degree translates to is a […]
