College Planning

Saving for College

Whether the kids want to grow up to be farmers, firefighters, or forensic anthropologists, as parents and grandparents we want to support them and their dreams, as best we can. 

At NEFCU Financial Group, available through CUSO Financial Services L.P., our advisor can help you, your children and grandchildren:

  • Understand the differences between available savings plan choices, to uncover what’s best for your family: 
    • 529 Plans
    • Coverdell Education Savings Accounts
    • UGMA & UTMA Custodial Accounts for Minors
  • Answer questions asked by Grandparents 
    • Will Medicaid count my Grandchild’s 529 plan as a part of my assets?
    • Can I access the money in the event of an emergency?
    • Can a 529 plan affect my grandchild’s chance of receiving Financial Aid?

Will you be able to afford the cost of higher education? Contact Jonathan today. 

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered brokerdealer (Member FINRA/SIPC) and Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.