College
Education is one of the most valuable investments you can make. Whether you want to help a child or family member, or return to school, we can help select the best account for you.
529 Savings Plan: 529 savings plans are flexible, tax-advantaged accounts designed specifically for education savings. Earnings on contributions grow federal income tax deferred, and withdrawals taken
to pay for qualified higher education expenses such as tuition, fees, and room and board are free from federal income taxes.
Coverdell Education Savings Account: (ESA) Accounts allow you to save for college and withdraw money for qualified higher education expenses federal income tax deferred.
UGMA/UTMA: UGMA (Uniform Gifts to Minor Act) and UTMA (Uniform Transfers to Minor Act) are custodial accounts that let parents (and others) make an irrevocable gift to a minor that can be used for college
or any other purpose. For federal tax purposes, investment earnings are generally taxed at the minor’s tax rate, which is usually lower than a parent’s rate.
If you haven't done so already, talk to a Wealth Manager to help you establish your financial goals and determine how to reach them.
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Marriage
When looking at your finances, a marriage is a business arrangement. Having a discussion before the wedding can help get everyone on the same page.
New Baby
A child is on the way. There are many things to plan and it is important to get a head start on investment planning for your child. Getting a start early may help both you and your child.
Job Change
If you’re changing jobs or retiring, one of the most important decisions you may face is how to handle money in your 401(k), 403(b) or government 457 plan.
Divorce
If you’re divorcing, it’s important to learn about splitting debt and protecting your financial future — and who can help you.
Loss of a Spouse
There are certain steps you need to take to settle your spouse’s financial matters, either on your own or with trusted professionals and family members.
Family Conversations
Financial conversations with family can be positive and productive if approached with the right attitude and an action plan.