College Savings Plans

According to data from the Federal Reserve for the first quarter of 2018, Americans owe $1.5 trillion in student loans. Outstanding student debt currently exceeds auto loan debt ($1.1 trillion) and credit card debt ($977 billion).

We can help you provide your kids a financial headstart by offering our expertise and assistance with the following services:

  • • 529 Plans for college savings, which provide significant tax and financial aid benefits
  • • Coverdell Education Savings Accounts (CESA) - tax-deferred trust accounts created by the U.S. government to assist families in funding educational expenses for beneficiaries 18 years old or younger
  • • UGMA/UTMA Accounts - custodial accounts which are used to hold and protect assets for minors until they reach the age of majority in their state