The first step to a great education. The high cost of tuition is a major concern for young adults seeking a quality education and for parents who plan on putting their children through private school and/or college. At Webster Five, we believe everyone should have access to a good education. So, we offer several options for financing this important goal in one’s life.
Coverdell education savings account
- This personal savings tool created by the federal government allows you to save for your child’s education and take tax-free distributions for education expenses.*
Home equity loans or credit lines
- If you have equity in your home, a home equity loan or line of credit can help pay for tuition with a lower interest rate than most credit cards and other loans.
- At Webster Five, we partner with Raymond James Financial Services, one of the nation’s largest and most respected investment management firms, to bring our customers their depth of experience and insight. This allows us to offer a full range of investment products, services and expertise. To make an appointment, contact Michael Carnevale, Branch Manager/Financial Advisor, at Michael.Carnevale@raymondjames.com, or call 1-800-657-9126.