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Saving for College
There are a lot of ways to pay for college. Investing, CDs and more. But a college savings plan may be the best option. Many college savings plans are tax-advantaged with no age restrictions, no income phase-out limits, no residency requirements and can be used for more than just tuition.
Consider the 529 savings plan or the Coverdell Education Savings Plan. Either are becoming an increasingly popular way to save for higher-education expenses, which are expected to more than double over the next two decades - with tuition increasing from $7,472 to $15,879 per year for the average four-year college.
To start down the path to college savings bliss, set up your initial complimentary consultation with a CFS* Financial Advisor at 800.637.0852 x3371 in Oregon or x7149 in Washington, or use the online appointment request form (available through CUSO Financial Services, L.P. (CFS), our broker/dealer).
Investments and investment advisory services offered through CUSO Financial Services, L.P. (CFS), an independent broker-dealer and SEC Registered Investment Advisor are Not NCUA/NCUSIF insured, are Not credit union guaranteed and May lose value. First Tech Credit Union is in partnership with CFS. Financial Advisors are employees of First Tech Credit Union and registered through CFS. (Member FINRA/SIPC).
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