Helping You Prepare for the Cost of Learning
Private school and college expenses continue to rise, placing increased pressure on many families. At Old Orchard Wealth Solutions, we help you explore ways to prepare for these costs as part of your broader financial strategy.
Whether you're saving for your child, grandchild, or even your own future education, we can help you understand the available tools-and how to use them effectively.
Funding Tools We May Discuss
- 529 College Savings Plans – Tax-advantaged investment accounts specifically for qualified education expenses
- UTMA/UGMA Accounts – Custodial accounts that can be used for education and other purposes for minors
- Prepaid Tuition Plans – Available in certain states and institutions to lock in current tuition rates
- Other savings options – Based on your financial goals, risk tolerance, and funding timeline
Our role is to help you evaluate these options, understand how they work, and determine which may best fit your goals and situation.
Why It Matters
Education funding is one of the most significant investments you can make in a loved one’s future. With the right strategy, you may be able to:
- Offset future tuition inflation
- Reduce your child’s need for student loans
- Preserve more of your own retirement and savings assets
- Create a sense of preparedness and empowerment for your family
Whether education is just around the corner or still years away, we can help you take action today that puts you on a path toward success tomorrow.
We can help you determine the best options for your situation – and help ensure that your children or grandchildren obtain the education they deserve.
Let's Talk About Your Education Strategy
Every family is different. Let's have a conversation about how we can help you prepare for the cost of education in a way that fits your overall financial picture.
