EDUCATION AND COLLEGE TUITION PLANNING
Whether your children or grandchildren are toddlers or teenagers, it’s only a matter of a time before they leave home, potentially for college. The cost of sending just one child to college for four years can be staggering, and tuition and fee hikes regularly outpace inflation. Rather than sending your children or grandchildren into the world with a burden of student-loan debt, you can save to help cover at least a portion, if not all, of their higher-education expenses.
Fortunately, parents and grandparents who intend to cover or contribute to their children’s education costs have more choices today than they’ve ever had. If you’ve not yet looked into an education savings plan, The Schweppe Group can help you choose among a variety of savings vehicles, including 529 plans, Education Savings Accounts (ESAs) and custodial accounts.