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V.I.S.E. BRIDGE

Values - Integrity - Service - Excellence.​

COLLEGE PLANNING

WHOLE LIFE CAN BE AN OPTION:

Your college funding strategy can include a combination of savigs plans, including whole life.
Many peple think of it as just a death benefit, but it can be part of your overal approach. 

•529 PLAN

(Education Savings Plan)

  1. Tax Benefits:
    •Income tax breaks 
    •Tax-deferred growth 
    •Generally tax-free withdrawals
    •Tax-deductible in many states

  2. 10% penalty it funds are used for non-education purposes

  3. Subject to market performance

  4. Can pontentially lower the amount of financial aid your child receives

WHOLE LIFE INSURANCE

(Asset & Protection)

  1. Cash value grows on tax-deferred basis and withdrawals are generally tax-free

  2. Cash value can be used for anything at any time

  3. Whole life is unaffected by market fluctuations

  4. The Federal Aid Methodology doesn't include life insurance cash value when calculating expected family contribution 

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