Smart Education Planning Strategies For Your Portfolio

Knowing your options when making decisions regarding your children’s or grandchildren’s college savings plans is important. However, the process of identifying the right plan(s) to meet your specific needs and understanding the associated tax benefits can be complicated and confusing. 

That’s where we can help. Our approach starts with fully understanding your views and values around education for your family and goals of funding all or a portion of the costs. 

The first step is working with your Commerce Trust advisor to complete our Education Analysis Questionnaire. At that point, we can provide you with a complete analysis that identifies the best type of savings plan for each child – as well as contribution and withdrawal projections for each recipient, detailing projected over-funding or shortfalls.

Next steps
If you’re considering an education planning strategy as an option for your portfolio, the advisors at Commerce Trust are here to help you choose the right plan that suits your family’s needs. Additionally, we can help you understand education tax credits and deductions, as well as how to utilize special gifting techniques. 

These three articles may provide further insight pertaining to this investment planning opportunity: