search go

Life Events & Financial Decisions

Resource Library

Who We Are

economic survival tips


	Life Events & Financial Decisions Major Life Events Moving in With a Partner Cash Flow Management Taxes Insurance Property Ownership Retirement Planning Estate Planning Marriage Wedding Planning Joint Goal Setting Establishing Financial Accounts Filing Income Taxes Coordinating Employee Benefit Plans Reviewing Retirement Plans Having Children Pregnancy Foster and Adopted Children Disabled Children Other Financial Issues Buying a Home Saving for a Home First Home Purchase Home Repurchases Home Maintenance Divorce Dividing Assets and Debts Cash Flow Management Retirement Benefits Insurance Tax Considerations Estate Planning Remarriage Communication Is Key Money Management Children and Stepchildren Child Support Issues Ex-Spouse Issues Planning for Retirement Calculate Retirement Savings Catch-Up Strategies Create a "Retirement Paycheck" Death and Dying Planning for Death Planning for a Funeral Death of a Relative Starting Off Right All About Credit Savings Start Saving Today Tax Deferred Savings Protect Your Assets with Insurance Income Tax Planning Health and Family Support Health Insurance Health Insurance Tips Addictions and Finances Disability Insurance Aging Parents Proactive Plans Costs of Caregiving Moving in with their Children Living in an Assisted Living Facility Helping a Parent Financially Death and Dying Planning for Death Death of a Relative Planning for a Funeral Wills and Estates Importance of Estate Planning Planning for Estate Taxes Wills Gifts and Inheritances Powers of Attorney Education and Careers Jobs and Benefits Career Transitions Relocation Unemployment Managing Job Benefits College Planning Saving for College Calculate College Savings Savings Plans Financial Aid Catch-Up Strategies Military Service Active Duty Deployment Financial Planning Planning a Major Purchase Buying a Home Saving for a Home First Home Purchase Home Repurchases Home Maintenance New Car Buying Used Car Buying Car Leasing Big Ticket Items Crisis and Emergencies Theft Natural Disasters Emergency Preparedness Identity Theft Terrorism


	Financial Tip When you no longer need your financial documents, shred them to avoid identity theft.

home › Life Events & Financial Decisions › Education and Careers › College Planning

College Planning – Saving, Financial Aid and Catching Up

After a house and car purchase, a child’s college education is one of the largest expenses many families face. For several decades, college tuition and fees have been increasing faster than the general rate of inflation.

Understanding College Planning:

Saving for College

Three frequently used accounts for college funding are state 529 college savings plans, Coverdell Education Savings Accounts (ESAs), and custodial accounts managed by a parent for the benefit of a minor child... read more »

Calculate Your College Savings Needs

To get started, do the math. Like many other financial life events, college planning is best approached with a written savings goal... read more »

College Savings Plans

Investing in 529 plans, Coverdell Education Savings Accounts, and custodial accounts requires careful research to find the best plan for your situation... read more »

Qualifying for Financial Aid

Don’t assume your child won’t qualify for financial aid because you “make too much money” or have saved for college... read more »

College Saving Catch-Up Stategies

Consider a community college for the first half of a child’s college education. The child can later transfer to a public or private four-year institution... read more »