Congratulations! Your client's kiddo has been accepted to their dream school and maybe even received a great scholarship. Now it is time to help them distribute their 529 savings plan wisely and make sure the college dream doesn't become a college nightmare.
In this session we will show you how to help your clients pay for all 4 years of college down to the penny, including the resulting student loans and the student loan payment upon graduation. We will review how to work with your clients to create a comprehensive college-funding plan that includes not only how to use your 529 plan most effectively but also incorporates private scholarships, cash flow, grandparent money and other available resources available like the GI Bill. If student loans are needed we will discuss how to help your clients create a smart lending strategy to only take what they need and not get in over their heads.
Upon course completion, you will be able to:
Understand how to ensure your 529 plans distributions are qualified and tax-free
How to create a smart lending strategy utilizing federal direct student loans as well as private student loans and other resources
Learn how to incorporate parent, student, grandparent and other outside resources to create a comprehensive college-funding plan
Date and Time of Course: 5/10/2022 1pm to 2pm EST
Length of Course: 60 minutes
Approved 1 hour of CFP CE
Joe Messinger, CFP®, ChFC, CLU, CCFC is on a mission to end the student loan crisis one family at a time. He created the innovative College Pre-Approval™ system and has trained thousands of advisors across the country how to seamlessly guide families through the college funding maze. Joe is the Co-Founder and Director of Advisor Solutions at College Aid Pro™, the award-winning fintech solution that takes the hassle out of late-stage college planning. A proud graduate of Penn State University, Joe is also Partner and Director of College Planning at Capstone Wealth Partners.