Education Planning Services
Building a Future Begins Today
Higher education can be the key that opens doors to a brighter, more fulfilling future. You want to help prepare this future for those important to you, but you may not be sure where to start.
At Farquharson, Pointon and Lepsetz, CPAs, we have the tools and experience to help you do it right. Our experienced advisors help you determine your saving goal, and what it takes to get there, so you can be confident in your plan.
Find out what you need to start building toward the future today – just contact us to schedule your complimentary consultation.
Comprehensive Services for Education Funding
When you want to create an education fund, your options are much broader than simply putting the money in a savings account. Through the guidance of our professional advisors, we help you find ways to prepare education funds and enjoy tax benefits as well.
One of the most common and useful options are 529 plans. This state-sponsored plan allows you to save toward a financial goal while enjoying tax-free growth. It functions similarly to a 401(k), only designed for education rather than retirement.
With a 529 plan, you can save money not only for college but for K-12 education as well. Moreover, this fund isn’t only limited to tuition, but can also be used to cover the student’s expenses such as computers and other technology, books, supplies, and even room and board. Best of all, MI taxpayers can enjoy significant deductions for each child or young adult they list as a beneficiary.
Our experienced staff can help you make the most of your 529 plan. We assist with setup, help you determine your ideal contribution level, and can help you select and manage the investments within the plan. When it comes time for your chosen student to begin their education, we’ll work with both of you to ensure they can enjoy the full benefit of the plan during their schooling.
Why an Education Fund Matters
When the children in your life are young, it’s easy to dismiss college as a long way off. However, tuition costs for higher education continue to rise, making it more and more difficult for aspiring students to pursue the careers they want.
When you build an education fund, you’re building an opportunity for the young people you care about to reach for their dreams. We help you focus your efforts to save so that you and your sponsored student can experience the greatest benefits, and we provide support to help you stay on track toward your goals over the years. With our help, you gain fulfillment and peace of mind knowing that you’re doing the best you can for the people in your life.
The Help You Need to Support Future Scholars
Few things can compare to the value of quality education. We’re passionate about helping you achieve your goals, so you can help others achieve theirs.
Get started saving today, and enjoy the confidence and peace of mind that comes with a solid plan. Contact us to schedule your complimentary consultation.
Information on this website is not intended as tax or legal advice. You are encouraged to seek tax or legal advice from a qualified professional.