Portfolio Archer LLC

College Savings Strategy


College Savings - More Flexibility than the 529K

There are many options for College Savings Plans and the most important piece of advice is to start early!   Flexibility is key and although the 529 Plan is often cited, the trade off is that it is limited in distribution.  Alarmingly, a family can plan for 15+ years then learn that the child is not interested in College or some other choice is made.  What happens to those funds? They can only be distributed tax free to a specific set of expenses.  We have some great alternatives that we are happy to share with you over a short Zoom meeting!

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