---
title: Wealth Management Blog | WrapManager | college savings
description: college savings | Helpful tips, tactics and information about investment planning, money manager research, and managing your retirement.
---

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### [Plan Now for Education Later: 529 College Savings Plans](https://www.letsassemble.com/wealth-management-blog/plan-now-for-education-later-529-college-savings-plans)

 Posted by [ Michael J. O'Connor | CWS®, Vice President Investments ](https://www.letsassemble.com/wealth-management-blog/author/michael-j-oconnor)

June 29, 2017

[![Plan Now for Education Later: 529 College Savings Plans](https://www.letsassemble.com/hs-fs/hubfs/blog-files/Plan-now-529-college-savings-plans.png?width=300&name=Plan-now-529-college-savings-plans.png) ](https://www.letsassemble.com/wealth-management-blog/plan-now-for-education-later-529-college-savings-plans)

With the cost of education continuing to rise, and the requirements for minimum workforce entry showing no likelihood of decreasing the importance of a post-secondary education, it’s more important than ever that college costs are considered and incorporated into your budget as early as possible. For all the readers who have children, grandchildren, nieces and nephews who are a constant source of excitement and joy, making sure these children get a world-class education is of paramount importance.

But paying for college is a completely different ballgame.

[[+] Read More](https://www.letsassemble.com/wealth-management-blog/plan-now-for-education-later-529-college-savings-plans)

[529 Plans](https://www.letsassemble.com/wealth-management-blog/topic/529-plans) [Tax Planning](https://www.letsassemble.com/wealth-management-blog/topic/tax-planning) [college savings](https://www.letsassemble.com/wealth-management-blog/topic/college-savings)

[![Is it Better to Fund College Expenses from a Taxable Joint Account or an IRA? -  Doug's Quiz Corner](https://www.letsassemble.com/hs-fs/hubfs/blog-files/Dougs-Quiz-Corner.png?width=300&name=Dougs-Quiz-Corner.png)](https://www.letsassemble.com/wealth-management-blog/best-ways-to-fund-college-expenses)

### [Is it Better to Fund College Expenses from a Taxable Joint Account or an IRA? -  Doug's Quiz Corner](https://www.letsassemble.com/wealth-management-blog/best-ways-to-fund-college-expenses)

May 16, 2017

 Quizmaster Doug Hutchinson presents his monthly wealth management test. This month he quizzes your knowledge on whether it’s better to pay for college expenses from a taxable joint account or an IRA. Consider this Scenario: Your friends Rick and Andrea have a granddaughter, Alexis, who is getting close to college age. Rick and Andrea would like to help out with college expenses and they are considering two options to fund a tax deferred investment account for Alexis' college expenses. [[+] Read More](https://www.letsassemble.com/wealth-management-blog/best-ways-to-fund-college-expenses)

[![Doug's Quiz Corner: College Savings](http://www.wrapmanager.com/hubfs/Athors_Avatars/Screen%20Shot%202017-01-12%20at%2011.37.04%20AM.png)](https://www.letsassemble.com/wealth-management-blog/college-savings)

### [Doug's Quiz Corner: College Savings](https://www.letsassemble.com/wealth-management-blog/college-savings)

January 17, 2017

 Quizmaster, Doug Hutchinson, presents his quiz for the month. Here, Doug discusses strategies for saving for college. Consider this Scenario: Your friends Martha and Jack are planning on setting up a college savings investment plan for their toddler, Max. They are examining a few different options for this investment plan and have asked for your help. One option they are considering is to start contributing now with a $4,000 initial contribution and then adding $1,000 per year for the next 17 years. Assume the contributions occur at the beginning of each year including the first year. The other option they are considering is to start contributing 5 years from now with a $5,000 initial contribution and then adding $1,500 per year for the next 12 years. Assume the contributions occur at the beginning of each year including the first year. Assume the investments return 7% per year for each of the 17 years. Also assume that Martha and Jack are using a tax deferred investment account. Which option will lead to the highest value at the end of 17 years when Max is ready to start college? [[+] Read More](https://www.letsassemble.com/wealth-management-blog/college-savings)

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