Education Planning

Your family’s education is an important part of what supports their success. As tuition costs for colleges and universities continue to rise, education planning is becoming increasingly important. Even private elementary and high school tuition costs are moving beyond the reach for those who have not planned for the cost in advance. Our Family Wealth Guardians work to develop a strategy that is right for your family. Whether you’re paying tuition costs now or saving for your family’s future education needs, it is important to integrate your education savings plan alongside the growth of your retirement income and related wealth management goals and needs. Your Family Wealth Guardian helps you determine the right strategy for your family, such as:

  • 529 Plans
  • Coverdell Education Savings Accounts (ESAs)
  • Uniform Transfers to Minors Act (UTMA)
  • Income Shifting

ParenteBeard Wealth Management is independent so you receive unbiased recommendations for your education savings strategy and the investment products that we recommend. Our first priority is you and what is in your family’s best interest.