The cost of education is the second fastest rising expenditure in America today. Higher education has become a necessity for those entering the job force, yet the cost is becoming more and more prohibitive.
If you have young children or anticipate sending someone to college in the future, then planning for this financial inevitability is a must.
The good news? Several tax-advantaged savings vehicles are available to help families with this financial burden, including 529 plans, educational savings accounts, Coverdell savings plans, uniform gifts to minors plans and even over-funded life insurance policies. All of these tools can help make higher education a reality for your children when the time comes.
Understanding your entire financial picture is key to making a good decision. Our financial professionals and college planners can help put the right plan in place so you and your children won’t have to worry about paying for college when the time comes.
We’ve helped hundreds of families save for and fund kids’ college dreams. That’s because we work with you to help create an achievable, stable method of funding your child’s future. So don’t wait. Invest in their future today.
No matter where you are along life's path, now is the time to be proactive with planning for your financial future. From retirement planning and college funding to opening up a new business, Croak Asset Management is here to help you work toward a financially successful future.
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