Title: Funding Your Child’s College Education
Description: Funding higher education is ranked as a top priority, but costs continue to rise significantly, outpacing inflation for decades. When used properly, cash value life insurance offers flexibility to help mitigate risks in ways that complement other savings techniques. This presentation provides an overview of methods available for funding a college education, including targeted savings vehicles (529 plans, Coverdell accounts), formal assistance programs (scholarships, loans), and cash value life insurance. You will also hear a case study of a plan utilizing cash value life insurance.
Presenter: Richard Moravek, CLU, Financial Representative at MassMutual South Florida