Invest in Your Future

Smart education funding strategies that make higher education accessible and affordable. The Rayborn Agency helps you plan for educational expenses without compromising your financial future.

Education Funding Options

529 College Savings Plans

State-sponsored plans offering tax-free growth and withdrawals for qualified education expenses.

  • • Tax-free growth and withdrawals
  • • High contribution limits
  • • Professional investment options
  • • Transferable between family members

Coverdell Education Savings Accounts

Tax-advantaged accounts for K-12 and higher education expenses with investment flexibility.

  • • Covers K-12 and college expenses
  • • Investment flexibility
  • • Tax-free withdrawals
  • • Lower contribution limits

Life Insurance for Education

Permanent life insurance policies that build cash value for education funding while providing protection.

  • • Death benefit protection
  • • Cash value accumulation
  • • Tax-free loans and withdrawals
  • • Flexible funding source

Roth IRAs for Education

Retirement accounts that can also be used for education expenses with tax-free withdrawals.

  • • Dual-purpose account
  • • Tax-free withdrawals for education
  • • No required minimum distributions
  • • Retirement fallback option

Planning for Different Education Levels

K-12 Education

Private school tuition, tutoring, and enrichment programs

Undergraduate

Four-year college or university degree programs

Graduate School

Master's, doctoral, and professional degree programs

Education Funding Timeline

1
Start Early (Birth to Age 5)

Begin saving when children are young to maximize compound growth potential.

2
Elementary & Middle School (Ages 6-13)

Continue regular contributions and consider K-12 education expenses.

3
High School (Ages 14-17)

Research colleges and adjust savings strategy based on expected costs.

4
College Years (Ages 18-22+)

Use accumulated funds for tuition, room, board, and other expenses.

Ready to Start Funding Education?

Let's create a personalized education funding strategy that fits your family's goals and timeline.

Start Funding Education Today

Ready to invest in your family's future? Contact us for a free consultation and personalized education funding strategy.

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