Education Funding Strategies for the CFP® Exam | BIF Bites

Back-to-school season is here, and the BIF team is diving into one of the most important education planning topics for CFP® candidates: funding college. Jerry Mee, CFP®, Tiffany Guy, CFP®, and Kaylee Benting compare common education funding vehicles, including 529 plans, Coverdell ESAs, UGMAs/UTMAs, education bonds, tax credits, and other strategies. Then, they walk through an education funding calculation step by step, highlighting the variables, inflation considerations, and calculator techniques you need to recognize on the CFP® exam.

3 Takeaways

• Compare education funding strategies: Learn where 529 plans, Coverdell ESAs, UGMAs/UTMAs, bonds, and tax strategies fit.
• Recognize CFP® exam cues: Know which details can help point you toward the right answer.
• Work through education funding calculations: See how inflation, investment returns, and timing affect college funding needs.
  
  
  

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