Feature 529 Savings Plan Prepaid College Plan UGMA/UTMA Custodial Account Brokerage Account (Parent-Owned) Primary Purpose Save and invest for education expenses Lock in future tuition costs at today’s rates General savings/investing for child’s benefit Flexible investing for any purpose Who Controls the Account? Parent/Account Owner Parent/Account Owner Parent until child reaches age of majority Parent Who Owns the Assets? Parent Parent Child Parent Investment Options Limited menu of...

As I’ve shared in previous newsletters, there are several ways to save and invest for your child’s future educational needs. Choosing the right option depends on your goals, flexibility needs, tax considerations, and how much control you want to maintain over the funds. You may have heard discussion around the new Trump Account, which includes a government contribution of $1,000 for eligible children born between January 1, 2025, and December 31, 2028. Free money certainly catches people’s...

Take control. Build confidence. Move forward, one step at a time. Financial wellness is within your reach. With a little knowledge, consistency, and support, you can build a life of stability and freedom. Use this checklist to reflect on where you are now and where you'd like to go. Celebrate your strengths —and know that support is available when you need it. Check off what you’ve already got in place. Circle where you’d like help or clarity. Your income covers your expenses — and you see...