OUR SERVICES | College Funding Plans

Saving for your children's education can be confusing and overwhelming for parents.

For parents, funding your son's or daughter's college education is a primary concern.  College tuition costs are rising more than three times faster than the annual inflation rate, with no relief in sight. At Ancala Wealth Management, we help you to understand the complexities and the options involved with saving for college education.

Let us help you:

  • Determine how much it will cost to ensure your children are able to pursue their dreams.
  • Develop a plan utilizing the proper mix of 529 savings plans, Coverdell IRAs, and/or custodial accounts to meet your preferences for control, contribution levels, and flexibility.
  • Design a college savings strategy that will not interfere with other sources of financial aid.
  • Understand the tax implications of the options available to you—not just immediate tax implications—also future tax consequences when the money is withdrawn.
  • Prepare an investment strategy that is balanced between capital appreciation and preservation to ensure that the funds are available when needed.

Next Service: Estate Planning

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