Congratulations on the birth of your child!
It has been 6 months since anyone has said that to you. You are starting to plan your child's future. Will they be a Doctor, Lawyer, Engineer, or something else? You've started planning, but are you using all of your tools to their fullest?
A key piece for college savings for younger children is a life insurance policy that builds cash value. As parents, you have life insurance to help if something unfortunate should happen to either of you. You want to be sure that the family can maintain the same lifestyle.
The IRS allows the cash value in Life Policies to grow tax deferred. The IRS also allows tax free withdrawals up to the total premiums paid in.
The money inside the cash value policies can earn interest in a variety of ways, everything from fixed interest to market style investing. With all the rules and variety of life insurance policies, it is important that you select a policy that is correct for you.
At Financial Investment Team, we are independent agents and completely committed to helping you find the policy that will fit your needs. If you already own a policy, we will happily review it for you to see if it is still right for you. Grandparents, Life Insurance is a great gift idea for those young families just starting out.
Investment advisory services offered through Financial Investment Team, Inc., an investment adviser registered with the state of Oregon. Securities offered through Peak Brokerage Services, LLC. Member FINRA/SIPC. Financial Investment Team, Inc. is a separate and independent entity from Peak Brokerage Services, LLC.
California Insurance Licenses OG28007, OE79360
Financial Investment Team
15350 SW Sequoia Pkwy., Ste. 150
Portland, Oregon 97224