Saving for College
It’s never too early to start saving for college, whether you are planning for the future of your child or thinking of furthering your own education. 529 college savings plans are among the most popular tax-advantaged programs for parents looking to save for future higher education costs. States and educational institutions sponsor 529 plans, which accrue earnings that are sheltered from federal income taxes as long as they are used to cover qualified educational expenses.
Finding the College Savings Plan that is Right for You
The specific features and requirements of 529 college savings plans can differ from state to state, so it is critical that you work with an investment partner that has the know-how to find an effective investment plan for you. With clients spread across four states in the Midwest, the financial services division at Burnham & Flower can rely on our knowledge, resources, and expertise to help you cover the education costs in your future.