College Financial Aid Planning
Many parents procrastinate when it comes to saving for their children's college fund or think they can't afford to save anything, then find themselves scrambling at the last moment to pay for their child's education. The Associates at Fredrick James are here to assist you in avoiding that crisis by planning ahead and finding ways to make your money work for you. Whether your child has just been born or is only a few years from graduating High School, NOW is the time to begin your savings strategy.
There are many tax related issues that can be a tremendous help or hindrance to parents as they work toward funding their children's education. We provide assistance with deciding on your EFC (Expected Family Contribution), finding and utilizing all of the available tax deductions and tax credits, such as the Hope Scholarship and Lifetime Learning Credit, and offer advice on taking advantage of student loans, choosing the right investment vehicles that will pay better dividends over longer periods of time, choosing the right college savings accounts to avoid those subject to higher taxation or those that may hurt your chances to receive financial aid.
Having the benefit of our team of experts behind you will improve your investment performance and pave the way to a bright future for your child.
Call our office today at 727-474-0922 or email us to schedule your free consultation and start saving for your child's college fund now.