Planners can deal with such topics as estate and tax planning, insurance needs and debt management as well as help plan college savings or retirement funds.
Unlike the Montana plan, college savings plans are not tax-exempt, according to Ayco, but no tax is due on the investment's growth until the principal is withdrawn for college.
The cash earned back can be transferred to one or more 529 Plan college savings accounts, which can then earn dividends, gains, etc., compounding your savings," Ruhlin says.
Parents can plan college visits, call financial aid offices to learn of opportunities and be a sounding board for their child's concerns.
But then high school comes, and proms and games and dating and driving and suddenly you have one year to plan college and then, graduation.
While we're talking, which type of financial goal are you considering the most: retirement, estate planning, college or other?
We assist with budgeting, retirement planning, college savings, asset protection, insurance, estate planning and all other investments needs.
Many divorce financial planners, including us, help their clients post-divorce with budgeting, retirement planning, college savings, asset protection, insurance, estate planning and all other investments needs.
Last week, Mr. Lamont spent his days presenting his health care plan at colleges and community health centers.
My official plan for college is set.
