What Is Education Planning?
Preparing for college is now as much about financial preparations as intellectual, emotional and educational ones. Education planning involves determining how much you may need to pay for education expenses and creating a path to help you set aside the funds before you or your child requires them.
How Does It Work?
A Buckhead Wealth Management advisor works with you to assess your specific needs, including your current financial situation and projected higher education expenses. The advisor can help you choose college savings accounts that fit your timeline and budget. Establishing these accounts now allows you to save money for college expenses using methods that offer tax benefits. We offer assistance with:
- 529 college savings plans
- Coverdell savings accounts
- Uniform Transfers to Minor Act accounts
We understand how stressful planning and paying for college can be, and we’re here to help you find ways to save that reduce your financial burdens and ensure you or your children receive the education they desire. Contact our offices to schedule an appointment with an advisor.