Little boy and savingsAlongside retirement planning, helping your kids in the future may be a central financial focus for your family. There are many savings options available to help you achieve this wealth goal, but which one’s right for you, your family, and your finances? SageVest Kids takes a look at 529 plans and other savings account options for your child, considering the advantages and disadvantages of college savings plans, Trusts, custodial accounts, and more, relative to your objectives and broader financial planning.

Prepared by SageVest Wealth Management. Copyright 2019.

 

The information contained herein is obtained from sources believed to be reliable, but its accuracy or completeness is not guaranteed. This article is for informational purposes only. The views expressed are those of SageVest Wealth Management and should not be construed as investment advice. All expressions of opinions are subject to change and past performance is no guarantee of future results. SageVest Wealth Management does not render legal, tax, or accounting services. Accordingly, you, your attorneys and your accountants are ultimately responsible for determining the legal, tax and accounting consequences of any suggestions offered herein.

In accordance with IRS CIRCULAR 230, we inform you that any U.S. Federal tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used by a taxpayer, for the purpose of (a) avoiding penalties under the Internal Revenue Code or that may otherwise be imposed on the taxpayer by any government taxing authority or agency, or (b) promoting, marketing or recommending to another party any transaction or matter addressed herein.

The provision of a link to any third party website does not mean that SageVest endorses that website. If you visit any website via a link provided here, you do so at your own risk and indemnify SageVest from any loss or damage incurred.