College Savings Plans
Prepare for Your Child's Education Expenses—with Peace of Mind
College is one of the biggest investments many families make—but the cost can be overwhelming without a plan. Whether your child is in preschool or high school, it's never too early—or too late—to prepare.
At Meredith Majors Insurance, I offer flexible, tax-advantaged life insurance strategies that help fund future college expenses while also providing long-term protection and financial peace of mind.
How Do These Plans Work?
Unlike traditional 529 plans, which can only be used for education-related costs, certain life insurance strategies—like Indexed Universal Life (IUL) policies—can offer:
Tax-deferred growth
Your investment grows without being taxed each year, maximizing compound growth potential.
Tax-free withdrawals
Access funds for any purpose (including college) without paying taxes on the growth.
Lifetime protection
Provides insurance coverage for your child throughout their life.
No penalties
If they don't go to college, the funds can be used for other purposes without penalties.
Continuous growth
Cash value that continues to grow, even after withdrawals.
That means your child has more flexibility, and you stay in control of how the money is used.
Why Parents Choose This Option:
You can start with a low monthly premium
You're not locked into strict use rules like with 529s
It provides coverage and a college savings vehicle in one
It builds a foundation of financial security that lasts into adulthood
Whether you want to help with tuition, books, a trade school, or launching a business—this strategy can help make it possible.
Smart Stewardship for Their Future
As a Christian, I believe education is a blessing—and so is being prepared. These plans are more than financial tools. They're a way to express love, planning, and purpose for the next generation.
Let's Build Their Future—Together
I'll walk you through options that make sense for your family and your budget. No pressure, just guidance you can trust.
Call/Text
(515) 518-0536