College Funding Strategies

There’s no one-size-fits-all answer. Many families use a combination of strategies, like a 529 college savings plan, custodial accounts, or even life insurance with cash value. We help you weigh the options and choose a plan that fits your goals and budget.

Yes! Certain permanent life insurance policies build cash value over time, which can be borrowed against or withdrawn to help cover tuition costs. This strategy can complement traditional savings plans.

The sooner, the better, but it’s never too late. Even if your child is already in high school, we can help you create a strategy that maximizes what you have and makes saving manageable.

That depends on your child’s education goals, your budget, and how much time you have to save. We’ll help you calculate a realistic target and a savings plan that won’t strain your finances.

Yes. 529 Plans and other strategies can be used for more than one child, and there are ways to adjust contributions as your family grows.

Many strategies, like 529 Plans, come with tax advantages. We’ll help you understand how these work and which ones make the most sense for your situation.

A 529 Plan is a tax-advantaged savings account designed specifically for education costs. Your money can grow tax-free, and withdrawals used for qualified expenses aren’t taxed. It’s one of the most popular tools for planning ahead.

529 Plans are specifically designed for education, offering tax benefits and investment options geared toward tuition and related costs. Regular savings accounts don’t have those advantages, but they can still be part of a flexible funding strategy.

Absolutely! Grandparents, aunts, uncles, or friends can all chip in, making it easy for family to invest in your child’s future.

You’ve got options. Funds can usually be transferred to another family member, used for trade school, graduate school, or even rolled into other qualified education programs.