Education planning is one of the "ABC s" of financial planning, especially for families with young children. It's important to plan ahead as tuition costs continue to rise. There are several options when considering education savings plans. One option is establishing an Education IRA, another using Mutual Funds, or more Traditional Savings and CD Accounts, and yet another is Savings Bonds

In many instances, a Trust Account may also make sense. In all cases, consideration should be given to whether the college savings should be done in the child's or parent's name.

There are various strategies for education planning. Our Investment Management Representatives can provide the answers to your questions. Contact us to review and discuss your education plans.