The prospect of saving for your child’s education can seem daunting – but you don’t have to do it alone. Family members can contribute, too. We can help you understand the potential costs, benefits and considerations, which can then help you determine your role in paying for education.
After you determine your role in providing for education, you and your Edward Jones advisor can determine how much you need to save each month to help get you there.
Your Edward Jones advisor can walk you and your family members through all of the choices available when it comes to education savings.
Ultimately, it's important to discuss your options with your Edward Jones advisor to select the type of account that makes sense for your situation.
How can you start the conversation with family members about working together? One idea is to ask that, instead of buying your child multiple or expensive toys as presents, they contribute a portion of what they would have spent for a birthday or holiday for your child’s education savings plan. However you'd like to tackle paying for your child's university or college expenses, talk to your Edward Jones advisor about how you can get started working together as a family to increase your child’s education savings.