Securing a brighter future today.
Conway Financial Group’s education planning strategy makes the grade. With our A+ representatives and financial advisors, are prepared to assist you in researching the many options available. With college tuition costs rising, the sooner you start to save for your children’s higher education the better.
A 529 college savings plan is a tax-advantaged investment vehicle operated by a state or educational institution that can help parents establish a college fund. While experts call these plans easy to use, some upfront planning and research can help ensure a child’s qualified expenses are covered. Authorized by Section 529 of the Internal Revenue Code. A 529 education savings plan offers tax-free earnings growth and tax-free withdrawals when the funds are used to pay for specific educational expenses, like books and tuition. Generally, proceeds can also be used to cover room and board, though there are some restrictions.
We can help you put together a plan that will help you start saving before they finish primary school. So, when they’re finally ready for college, you can spend more time helping them with applications and which institute is best, and less time worrying about how you’re going to afford tuition.