Have you thought about how to save for college? Use this calculator to help determine when you should start putting money away for your child’s education.
Typically, investment returns in taxable accounts are a combination of interest, dividends, short- and long-term capital gains, which may face different tax rates. Factors such as, but not limitied to, the availability and selection of a particular state’s 529 plan and any potential state tax benefits that may be achieved, may impact results and determination when choosing the most appropriate college savings vehicle.
Results are not a complete assessment of all factors required to make a final decision. Contact one of our investment advisors for more complete information based on your personal circumstances.