According to a recent Gallup survey, college is now so expensive that tuition has become the #1 worry of advisors' clients with children under age 18.
Many parents ask:
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“How do I maximize my cost effectiveness when saving for college?”
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“Knowing that tuition rates will increase considerably in the next decade, how do I formulate a plan to effectively start saving for my child’s future tuition?”
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“Should I use a tax-free, qualified education savings plan?”
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“What is a tax credit? How can my savings benefit from tax credit(s)?”
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“Why can different tax filing statuses impact tuition rates?”
Every year thousands of Americans spend billions of dollars on higher education without formulating a proper plan. Student loan debt has surpassed a trillion dollars. Advisors Best® strongly recommends that anyone seeking to fund higher education form a strategic plan long in advance.
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Taking a moment today can save you thousands tomorrow.
