Should we use part of our 401(k) plan to fund our children’s college education?

NO. The penalties and tax consequences are high. Additionally, the annual contributions to your 401(k) during the time your child is a college student will decrease your opportunity to receive college grants.

EPR will show you ways to save for retirement without decreasing your ability to receive free grant money from colleges.

Elefant2015-09-10T16:32:19-04:00September 10th, 2015|

Our Company Mission

Help parents with the funding of their children’s education from grade school through college, placing a greater emphasis on knowledge-based solutions, reducing student and parent loans, while positively impacting your retirement.

We want to provide parents with a custom strategy instead of a “one-size fits all product solution.”

The Philosophy

At EPR, we believe every student deserves a chance to obtain an education at the college that fits his or her goals, without sacrificing the choice due to cost. We believe that families should not sacrifice their retirement or lifestyle because of uncontrollable levels of debt, and they should be able to enjoy sufficient income throughout their lifetime.

Should we use part of our 401(k) plan to fund our children’s college education?

Share This Story, Choose Your Platform!