Education Funding

Check out our various resources for education funding. Whether it be private high school education or college, MPM has you covered.

Introduction

What Is Education Funding?

Planning and saving for a child’s college education funding is one of the bigger investments many will make over the course of their lifetime. Pete and MPM Financial can help you evaluate your options as you financially plan for college, while also staying on track for other goals such as saving for retirement.

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What Is A 529 Plan?

A 529 savings plan is a tax-advantaged savings account that is designed to be used towards the beneficiary’s education costs. Contributions made to a 529 savings plan have already been taxed, and the money can grow and be withdrawn tax-free if it is put towards education expenses such as tuition, books, or room and board. While most use this service for college education, it can also be used for private lower education as well.

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How We Help

There are several options for funding your or your children's education. Pete's approach is to sit down with you, analyze your current situation, and put you on a plan that will benefit both your financial and educational goals. MPM Financial strives to be your coach through what can be very stressful times. Contact us to see if a 529 plan is right for you or if there is another option that suits you best.

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