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Education Savings

Saving for College 101

Here’s a crash course on saving for college.

There’s no denying the benefits of an education: the ability to compete in today’s job market, increased earning power, and expanded horizons. But these advantages come at a price. And yet, year after year, thousands of students graduate from college. So, how do they do it?

Whether they want to grow up to be a farmer or a firefighter, as parents and grandparents we want to support them and their dreams, as best we can. This journey begins with savings.

At Truliant Financial Advisors, our CFS* Financial Advisors, available through CUSO Financial Services, L.P.,* can help you create an impact that can last generations.

During this process, we will:

  1. Discuss the different education savings plans available, along with the associated costs and benefits for each one, including:
    • 529 Plans
    • Coverdell Education Savings Accounts
    • UGMA & UTMA Custodial Accounts for Minors

  2. Answer frequently asked questions such as:
    • Can a 529 plan affect my grandchild's chance of receiving Financial Aid?
    • Can I access the money in the event of an emergency?
    • Will Medicaid count my grandchild's 529 plan as a part of my assets?

To learn more about saving for education, contact us today to schedule an appointment.

Countdown to College

Countdown to College

Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way.
Estimating the Cost of College

Estimating the Cost of College

This worksheet can help you estimate the costs of a four-year college program.
Should You Tap Retirement Savings to Fund College?

Should You Tap Retirement Savings to Fund College?

There are three things to consider before dipping into retirement savings to pay for college.

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