College Planning

Creating a path for your most precious investment
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Future Tuition

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Tax Benefits

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Estate Planning

Financing the education of our family is one challenge that can be addressed given enough time and resources. With planning and time, your children or grandchildren can potentially be on their way to a brighter future through higher education.

Frequently Asked Questions

How can I or my parent pay for my children’s education?

Money can be given directly to the college or a 529 plan can be established in the name of each child. Utilizing 529 plans can also be a powerful estate planning tool, give me a call.

What if my child doesn’t want to go to a traditional college?

529 plans can be used for qualifying trade and vocational schools.

What are my options for my child’s 529 plan if they don’t use it for college?

The account can be re-titled (once per year) for another “qualified” family member.  Of course, you can withdraw the money but think twice, it will subject the funds to a 10% tax penalty plus ordinary income tax rates, let’s talk.

Don't Be Shy

If we didn't answer all of your questions, feel free to drop us a line anytime.

Securities and Advisory Services Offered Through LPL Financial, a Registered Investment Adviser. Member FINRA / SIPC
The LPL Financial registered representative associated with this site may only discuss and/or transact securities business with residents of the following states: Arkansas, Arizona, California, District of Columbia, Ohio, and Texas. Lange Wealth Management is not an affiliate company of LPL Financial.