Navigating Education Savings: Strategies for Planning for College

The world of education savings is nuanced and complex. This video builds on our last few about college savings and explores various scenarios to help you make informed decisions for your family's future.

What happens when unexpected events, like receiving an inheritance or a child pursuing unconventional career paths, impact education savings?

Using three hypothetical families as examples, Spencer and Austin discuss unique circumstances and how to leverage 529 plans, Roth IRAs, and non-qualified accounts. They provide valuable insights on how to align your savings goals with your family's needs.

They also share practical strategies for achieving your education savings objectives. Join us for an engaging discussion on optimizing your educational investment opportunities!

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.