Educational planning is often the first step toward supporting your child's need for independence and financial competence. As the cost of a college education continues to rise, estimating the actual cost of your child or grandchild's education is difficult and requires disciplined savings and financial planning to make your child's education affordable.
Today there is a staggering array of educational planning choices for your children and grandchildren including Coverdell Education Savings Accounts, Section 529 college savings programs and gifting options of a UTMA/UGMA. Your McKinley Carter investment consultant will help you determine the right investment vehicles, with the most tax benefits, for your family's educational goals.