Video
How Do I Fund My Child’s or Grandchild’s Education?
Daniel Maupin
03.01.2022
Hi, I’m Daniel Maupin, and I’m an advisor at Rather and Kittrell.
A common question we get from parents and grandparents is “How do I fund my child’s or grandchild’s education?” We tend to think about scholarships, loans, grants, and savings accounts.
529 college savings plans are a tax-advantaged account built for education funding. It basically acts like an after-tax contribution that grows tax-free, as long as the withdrawals are used to pay for qualified education expenses.
529 plans are great for your child or grandchild – there is potential for long-term growth within the account. We’re here to help you figure out if a 529 college savings plan is right for your situation.
Feel free to contact us at rkcapital.com or give us a call.
