3 Critical Considerations For How To Save For Your Child’s (or Grandchild's) College Education—Part 1

If you have started to save for your child or grandchild’s college education, it’s worth considering whether to use a 529 plan, an education savings account, or an Irrevocable Trust.

Here’s what we think you should consider as you decide:

First, consider whether you want your offspring to have broader options than just the traditional college experience.

Since the pandemic's start, college enrollments have declined by over one million students over the past two years. With college tuition getting more and more expensive, many students are considering alternatives to the traditional higher education path.