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For many parents, college is considered a building block for a successful life.
Unfortunately, the price of a four-year education can seem out of reach. No matter what the age of your child or loved one, it's never too late to start saving.
At Independence Financial Partners, we can help you with personalized strategies that may help lighten the burden of student loan debt for your children. Here are a few things that you can put into place today to help benefit your loved one's college savings plan for years to come.
The sooner you start, the better. You could be paying part of the bill with the interest that your money earns.
This is an easy-to-implement process in which you have a pre-determined amount of money regularly withdrawn from your checking account. Then, it is automatically invested in your college savings plan. The result is a disciplined and focused approach that can deliver tremendous long-term benefits.
When family members and friends celebrate your child's birth, subsequent birthdays, holidays, and religious events, tell them about your child's college savings account. Every monetary gift they give will be part of a legacy of learning.
Often, grandparents are the ones who are most aware of how difficult it is for parents to manage the college savings burden alone, especially if more than one child is involved.
To Learn More about a college savings plan for a loved one, call 866-691-4100 or click to Contact Us
100+ Years of ExperienceEstablished in 1909, Independence Financial Partners' history is a testament to our dedication to our clients. Today, our full service firm serves Southern New England from its main offices in Warwick, Rhode Island and Rocky Hill, Connecticut.
About UsIndependence Financial Partners has been helping individuals, families and businesses achieve their financial goals for over 100 years.