Higher Education Savings
Higher education savings is a core investment in future success. Over the past decade many investments have fluctuated while college costs have increased at a higher rate than inflation. Finding smart ways to fund this major investment can pose significant challenges.
Addressing Tuition Costs. Higher education savings involves designing an investment strategy that specifically addresses the needs of your family by utilizing various investment vehicles such as a 529 plan or custodial account UTMA. We help to estimate what those potential costs will be by taking into account when the child will start college, the number of years you anticipate them being in school, the type of school (public versus private), and the assumed inflation rate and account rate of return.
Whether you are looking for investments that can help defray college costs or want to pursue a potentially tax-advantaged gift toward a grandchild’s education, GC Asset Management can put its expertise to work toward your higher education savings goal. Take advantage of our comprehensive understanding of the features and potential benefits of education savings through a 529 plan, custodial account UTMA, or other investment vehicles.
- 529 plans
- Uniform Trust for Minors Act (UTMAs)
- Education Savings Accounts (ESAs)
- Education savings bonds
- Individual Retirement Accounts (IRAs)
Typical Education Investment Vehicles
Whether you’re goals are oriented on a specific financial objective, maintaining a comfortable retirement, or planning your estate for future generations, financial planning is complex. At GC Asset Management, we don’t just limit our advice to the investment accounts we manage.
Whether you’re preparing for retirement or already in it, you probably want confidence that your plan is positioned to sustain the retirement lifestyle you envisioned. For many people, leveraging the right resources can significantly improve their outlook for income, expenses and investing in retirement.
Our philosophy of active management is at the core of managing risk and reward. We pride ourselves on rules-based investment selection, multiple risk controls, and the ability to move to cash. The benefit for you is superior risk adjusted returns across an entire market cycle.
Risk Management & Insurance
Many circumstances have the potential to cause greater damage to the security of your assets than investment risk. Planning for the potential of litigation, an untimely death, disability, long term care, or catastrophic business event should be a critical component of your wealth management.
Tax Planning for High Income
The tax consequences of your financial decisions made today can affect the lifestyle you and your heirs enjoy in the years to come. That’s why it’s important for your wealth management plan implement strategies that assess the impact of taxes to maximize their efficiency.
Estate Plan & Charitable Giving
When considering your accumulated wealth, you want solutions to maximize a legacy for your family and the causes you are passionate about. Through a variety of advanced estate planning techniques, we can help minimize taxes on your estate and create a legacy for generations.
Business Wealth Solutions
Business owners and corporate executives often require comprehensive business wealth solutions. Tax-efficient conversions of concentrated stock, stock options or a majority business interest requires sophisticated strategies executed by experienced professionals.