COLLEGE PLANNING & FINANCIAL STRATEGIES

Here at Robert’s Company we recognize that parents with students in high school are faced with the challenge of not only trying to figure out how they are going to cover the cost of college the most cost efficient way, but also understand  how to navigate through forms like the FAFSA and CSS Profile.  Beyond filling out forms, you want to fully understand the financial aid process.  Understanding this is a major concern for parents, we have aligned ourselves with a resource that can help educate and navigate our clients through that process.  Part of that service includes:

 

  • Explain how Financial Aid is calculated & Calculating your Expected Family Contribution (EFC). The differences between the methodologies that the schools use (Federal vs. Institutional). Understanding the difference between assessed & non-assessed investments and the impact has on your potential for financial aid. The packing of the colleges and the percentage of financial aid they meet when and how to file FAFSA Forms and CSS Profiles.

 

Ideally you want to start understanding this process while your children are just starting high school.  If you understand the process now, you have more time to strategies on how to put yourself in a position for financial aid along with still being able to meet your long term goals and objectives. If you want to better understand your scenario, don’t hesitate to contact us.

 

Over the past 20+ years a large number our clients wanted us to extend our services beyond just tax work and offer more comprehensive solutions to their overall financial situation.  In the best interest of our clients, we wanted to make  sure we as CPA’s continue to stay focused on what we do best which is tax planning and strategies, but also realizing there is more planning that most likely needs to be done, we have developed relationships with various trusted financial advisors that we  can consult to make sure our clients get what they want, a comprehensive plan.  The concerns that will be able to address for our clients include:

 

  • Comprehensive Wealth Management Solutions
  • Asset Protection and Insurance Planning
  1. Life, Disability, Long Term Care
  2. Insurance Needs Analysis
  3. Policy Review and Audit
  4. Risk Assessment & Management
  • Business Planning
  1. 529 Plan
  • College Planning
  1. Investment Assessment, management and monitoring
  2. 401(k) investment planning
  3. Retirement Income Planning
  4. Pension & Qualified Plan Distribution
  5. IRA & Roth IRA
  • Retirement Planning
  • Estate Preservation & Planning
  1. Wills, Trusts, Estate Tax Minimization
  2. Multi-generational planning
  3. Special Needs Planning
  4. Charitable Giving

It’s important to look at your overall financial situation and develop a plan that will  meet your long term goals and objectives.

 

Out of Tax Season Hours:

Monday - Friday: 9AM - 3PM