Saving for rising college costs can be challenging. Now, with higher inflation, many universities and colleges are raising their
tuition and other costs, making it even more difficult. It’s not uncommon to hear many of our clients with newborns already
discussing college savings. While you may not be ready to send your child off to a college or university just yet, a bit of planning
today may lessen the financial burden later.
Whole life insurance can be a tool to help you save for the cost of education. Along with a guaranteed death benefit, whole life
insurance includes a cash value account that grows tax deferred. Assuming you buy the policy when your kids are very young, by the time they’re ready for college, you can withdraw the money or borrow against the policy to help pay for college.
At C&A Financial Group, we’re dedicated to helping you make paying for college a little easier. We understand that saving for
college can be difficult and we want to provide you with the resources you’ll need as you start creating your strategy. Check out
this helpful flyer to learn more about how whole life insurance can help you save for education expenses!
Click here to listen-September 2020 What can we do to get some balance in our lives now as we adjust to the new normal? This month life coach Brett Michener joins Frank Congilose about how COVID-19 has affected our lives. What can we...Read More