Take my word for it as the father of five children, having four of them in college or graduate school at one time in the recent past.
Many brokers will try to sell you on state 529 college savings plans. These plans are inefficient and are limited in investment choices.
Planning For College Should Be An Extensive Family Plan
Planning for college should be part of a more extensive family financial plan. What most people do not know is that when it comes to college financing, money held in children’s names carries a greater weight in determining available sources of funds for financial aid. In other words, you are penalized by having money held in children’s names.
At LakeView Asset management, LLC we can work with you to develop a college savings plan that fits your needs and then apply our expert investment management skills to help grow those assets in time for your kids to enroll in higher education.
Put together a solid college savings account for your children now!Start College Savings Account Now!