College Savings

College Savings

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With most of our clients aged 50 or older, saving for their children’s college is in the rearview mirror.
With most of our clients aged 50 or older, saving for their children’s college is in the rearview mirror.
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We have helped our clients set up traditional and alternative college savings strategies and have seen how these have played out. We have helped manage the impact of intentionally and inadvertently over and under-funding for this need. 

Today, most of our clients are interested in helping fund their grandchildren’s education.

The challenge is that younger parents are beginning to question the value of an undergraduate or graduate degree, requiring more flexible funding strategies. 

If not used for college, they would like to use these funds to help fund a business for the entrepreneur child. 

Or if life does not go as planned, the funds can be used to buy a big-ticket retirement toy. Using 529 College or Coverdale accounts for these decisions would trigger penalties

Alternative college funding strategies would not be subject to penalties. 

At Cornerstone, we help clients secure multiple generations’ future, including recommending both traditional and more flexible college savings strategies.

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Financial Guidance

Cornerstone Wealth Management is recognized for its delivery of independent, comprehensive financial planning. This essential work goes beyond traditional investment planning.