Watch Your Money Grow With Your Child
WHY
It’s never too early to start saving money for college. Here are a few reasons to start saving now:
Rising College Costs
Be prepared to handle rising college costs by saving early and consistently! Visit http://collegeplanning.hoangleservices.com/ to get an estimate of what college will cost by the time your child is ready to attend.
Benefit of Savings
No matter how little you save, every cent makes a difference in affording your child’s higher education. Develop realistic savings goals and save regularly by placing aside a set amount at a set time. For example, if you save $14 per week (two dollars a day) in an account that earns 1% interest, you will accrue more than $12,400 at the end of 17 years.
Hoang Le Tax, Insurance & Financial Services
404 International Blvd, Oakland CA 94606
Office: (510) 433-5047 | Cell: (510) 697-9559
Fax: (510) 779-5588 | Email: [email protected]
Home Page: http://hoangleservices.com
College Planning: http://collegeplanning.hoangleservices.com/
College Planning Articles: http://blog.hoangleservices.com/college-planning/
Less Debt, More Investment
Many families have to rely on student loans to cover college costs. Saving for college now can reduce your need for a loan in the future. Earn interest by opening a savings account today versus paying interest on a loan later. The best graduation gift you can give your child is to help him or her leave college debt-free!
HOW
Choosing the Right Savings Plan
Prepaid tuition and college savings plans (known as 529 plans) offer tax-free withdrawals for college expenses. To learn more about these plans and decide which one is right for you, visit http://collegeplanning.hoangleservices.com/
Determining Your Child’s Eligibility for Federal Student Aid
The U.S. Department of Education’s office of Federal Student Aid provides more than $150 billion in federal aid in the form of grants, work-study programs, and loans to students who qualify. We do services:
Help you learn about eligibility for federal student aid.
Estimate the total amount of aid your child could receive if he or she applied to college today.
College Planning & Funding Strategy
- High income earners
- Business owners
- Strategies for grandparents
- Trust planning strategies
- Estate planning strategies
- Education tax credit strategies
- Gifting strategies – for parents and grandparents
- And more!
For more information, visit us
Hoang Le Tax, Insurance & Financial Services
404 International Blvd, Oakland CA 94606
Office: (510) 433-5047 | Cell: (510) 697-9559
Fax: (510) 779-5588 | Email: [email protected]
Home Page: http://hoangleservices.com
College Planning: http://collegeplanning.hoangleservices.com/
College Planning Articles: http://blog.hoangleservices.com/college-planning/