Tax-Advantaged Ways to Save for College

Tax-Advantaged Ways to Save for College

What is the best way to start saving for college and get all the tax benefits available?  Today's blog post looks at the difference between college savings plans such as 529 plans, Coverdell Education Plans, and UGMA and UTMA accounts.  With offices in Grand Rapids, Jenison, Zeeland, and Ludington, Custer Financial Advisors helps famlies start saving for college.  

3 Ways to Pay for Long-Term Care in Retirement

3 Ways to Pay for Long-Term Care in Retirement

For seniors, Medicare is a primary resource for financing medical care like hospital stays, skilled nursing, outpatient care, and medical equipment. While Medicare Parts A and B, also known as Original Medicare, don’t cover vision and dental care or prescriptions, seniors can supplement their policy with a low-cost Medicare Advantage plan to include these benefits.

Financial Planning for Parents: How to Get Started

Financial Planning for Parents: How to Get Started

      Whether you’re just embarking on the journey of parenthood or raising kids who’ll be off to college in a few years, it’s never too soon — or too late — to start financial planning. The key is to start, so here are some tips to help you on your way.

College Cost and Savings Calculator

College Cost and Savings Calculator

How much does college actually cost and what do I need to do to be able to help pay for school?  Get an idea of the cost of education with this College Cost Calculator so you can start to plan for college savings.  With offices in Zeeland, Jenison, Grand Rapids, and Ludington, Custer Financial Advisors is happy to help families save for college.  

401(k) or Roth IRA? A Guide to Retirement Accounts

401(k) or Roth IRA? A Guide to Retirement Accounts

What is the difference between a 401(k) and a Roth IRA? Should I choose a traditional or Roth Retirement option? What are the advantages of my work retirement plan? Understanding the different types of retirement accounts and deciding what is best for you are important decisions. Proud to offer financial advice to West Michigan, Custer Financial Advisors has offices in Zeeland, Jenison, Grand Rapids, and Ludington and is happy to help you decide what retirement plan is suitable for you.

Recently Graduated? Important Steps to Take Today on Your Way to Financial Freedom

Recently Graduated?  Important Steps to Take Today on Your Way to Financial Freedom

Did you just graduate from college and need help knowing what you should do with money?  You're not alone, follow these steps to get started on a financial plan after graduation.  Make the most of your twenties and create a budget and plan that will help you manage money.  With offices in Grand Rapids, Jenison, Ludington, and Zeeland, Custer Financial Advisors is happy to help millennials manage their money.  

 

Two Retirement Plans for New Teachers

 Two Retirement Plans for New Teachers

Michigan Public School Teachers have different retirement options to choose from.  Often referred to as "Pension Plus" and 403(b) options, educators need to decide which is right for them within 90 days of starting at their new job.  We are here to help teachers decide which retirement plan they should use.  With offices in Zeeland, Jenison, Grand Rapids, and Ludington, Custer Financial is proud to offer financial planning to West Michigan.