Investing for College and MoreWealth2020, Inc. assists you with an overall savings program to accomplish multiple goals. Imagine setting up a plan that will not only put your child through college, but also allows you the flexibility to use excess funds for additional projects during or after college.
We have clients who save for college and at the same time, establish a banking system for post college years for their children. In other words, they want a plan that accommodates multiple goals. Some clients have dual goals of saving for college and providing children with a substantial down payment on their first home. Other parents establish a savings plan for college in addition to funds for their child to establish a business when they emerge from college. When you establish this type of plan, you have the added benefit of educating your child on proper money management long before they enter their career of choice. Life is much more pleasant when we plan for it.
Before we cover some of the pros and cons of government sponsored savings plans, it is important to note, these plans are extremely limited in scope. Establishing savings for a dual purpose is not possible, in fact, if the funds are not used for college they are taxed heavily. Our plan eliminates taxes on the distributions and allows you to use the funds in any manner you desire; before, during and after college. The book,“Create Wealth on Auto-Pilot,” reveals the exact product we use. Get your copy today!
Investing Money While In College Government Sponsored College Savings Programs Invest for the Long-Term and College Tuition Will Take Care of Itself The Best Way to Pay for Your Kid’s College Education
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