Finding the right way to fund an education.

Supporting a child’s education is one of the more rewarding parts of a financial plan, and with rising costs, one that benefits from an early start. Several investment vehicles and tax-efficient options exist for contributing to higher education costs. We help you weigh the tax benefits, ownership structure, risk and contribution limits of each, including what happens to unused funds if your student earns a scholarship.

Ways to Save
529 College Savings Plans

Tax-advantaged growth through a 529 plan.

A 529 plan does more than help fund a student's education, it can help build a legacy of learning that carries on for generations. Contributions have the potential to grow tax-deferred and can eventually be withdrawn tax-free for qualified expenses. Contribution limits are generally generous regardless of income level, and we help you choose an investment strategy suited to you and your student.

UGMA/UTMA Custodial Accounts

Flexible custodial accounts for education.

UGMA and UTMA accounts weren't built specifically for education savings, but they offer real advantages, including a range of investment options, limited tax benefits, and a simpler way for a parent to transfer assets to a child without setting up a costlier trust. Contributions are irrevocable, and control of the funds passes to the child once they reach the age of majority in their state. We help you weigh whether that trade-off fits your goals.