The overall cost of a college education these days can exceed $200,000.
While saving this amount of money may seem daunting, proper financial
planning in the early years of your children’s lives can make
all the difference. But navigating the maze of financial products and
tax consequences requires skill and knowledge. Custodial, Coverdell,
529, retirement and savings plans are just a few of the many vehicles
available to save for education. Which one is best for you?
If your son or daughter is getting close to prep school or college age
and paying for braces and sleep-away camps has taken priority, it’s
not too late. At Berkshire Hills Financial, we understand
you may feel helpless, but we can enable you and your child
to take control of the financial process.
Contact
Tom today for an initial discussion of education planning
to help ensure your children’s future success.
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