PO Box 635
Paying for college is one of the largest expenses most families face. Four years of private college may cost approximately $145,000 and public school $71,000. Total cost at four-year public colleges rose 6.3% for the 2006-2007 academic year Saving for college can be easier than ever.
Saddle River Capital Management can assist you with any of the following four college savings plans.
With a 529 plan such as our American Funds College America® – Named one of the top five 529 plans for 2006 by Morningstar – you can save for anyone — your child or grandchild, a niece or nephew, a friend or even yourself.
Education savings accounts can be used to pay for your child’s qualified expenses from kindergarten through high school, 2 as well as for higher education.
UGMA/UTMA custodial accounts let you take advantage of your child’s lower tax rate while saving for your child’s education.
Saving for your child’s education through a parents’ investment account allows you maximum control of the assets.
Contact Us for more information on College Planning