Skip to content

The Planner's Playbook

VOLUME 1, EDITION 6 | AUGUST 2023

Mailing List

There are currently 1520 subscribers.

UGMAs, UTMAs and 529s, Oh My!

JUSTIN_HEARTY_SHORT Justin Hearty | Articles

Read Time 4 min

Saving for your child’s education and understanding your options may feel overwhelming. Will a UTMA, UGMA or 529 fulfill your goals? This month’s edition will shine a light on educational planning and a new change to 529s via the SECURE Act 2.0

Diapers to Diplomas

UGMA_UTMA_2

Strategic’s Senior Advisor, Melissa Fernalld, breaks down UTMA and UGMA custodial accounts which are used to invest and save for your children. In this article, she discusses the following topics:

  • What are custodial accounts?
  • The Good
  • The Bad
  • The Ugly
  • Final Thoughts

Read More…

Plenty to Consider When it Comes to Paying for College

Paying for College

Strategic’s Senior Advisor, Greg Mattacola, provides his thoughts on paying for college. In this article, he weighs in on the following topics:

  • College
  • The 529 Plan
  • Issues keeping up with rising college costs

Read More…

College Costs - and Student Debt - Keep Growing

Debt

In addition to paying for college, Greg Mattacola dives into ever-growing college costs and student loan debt. He breaks down the following issues:

  • National Averages
  • Student Loan Debt
  • Finding Direction

Read More…

Enhanced Benefits of 529 Plans under the SECURE Act 2.0

031520_Main

While 529 savings plans have traditionally been used to fund college expenses, the recent implementation of the SECURE Act 2.0 introduces new changes that will broaden their utility. This article tackles two main elements:

  • Key Changes and Considerations
  • An Illustrative Example

Read More…

About Strategic

Founded in 1979, Strategic is a leading investment and wealth management firm managing and advising on client assets of over $1.8 billion.

Overview