1. How to Start a Gerber Life College Plan in Three Easy Steps

    chalkboard with steps of starting a Gerber Life College Plan The Gerber Life College Plan1 is an endowment life insurance policy that provides a guaranteed payout* at maturity that can be used for college expenses or for anything else, without penalty. You choose the time frame and the payment amount, so you’ll know exactly how much money will be available upon maturity.

  2. Developing a Save-for-College Plan With Your Children

    Teenage Girl in ClassroomThe role your kids can play and what they need to know.

    Parents of a child entering kindergarten in the fall of 2013 (the Class of 2026) can expect to pay an average of $44,161 a year for college, or a total of $176,646, for four years at an in-state public institution.

    Developing a plan for saving for college is essential. The first step to helping your child get through college with minimal debt is to start early and make saving a priority. CNNMoney states, “Investing just $100 a month for 18 years will yield $48,000, assuming an 8 percent average annual return.”

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    Categories: College Planning
  3. Enter Our “Inspired Reading Giveaway” for a Chance to Win a Gerber Life College Plan!

    Gerber Life Inspired Reading GiveawayEveryone has a favorite childhood book – the one you read time and again as a child, which inspired your imagination or piqued your curiosity. In the U.S. today, more than 16 million children living in poverty don’t have ready access to books. In an effort to help change this, Gerber Life is partnering with Reading is Fundamental (RIF), a non-profit organization that promotes reading for children, to encourage people to “unite” in support of childhood literacy.

  4. Benefits of the Gerber Life College Plan

    Young Woman Starting CollegeFamily budgets often can be stretched to the limit, so when planning for a child’s college education, parents may feel overwhelmed by the challenge.

    Just because a college degree is expensive it doesn’t mean you can’t make college dreams a reality. The Gerber Life College Plan1 is a safe way to start your child on the path to that prized diploma – or diplomas, if you’re raising more than one child.

  5. Do Series EE Bonds Offer Any Special Advantage if Used to Save for College?

    Children Doing School WorkThere are many ways to save for a child’s college education and maximize the funds with such tax-sheltered savings as Series EE Bonds.

    A Series EE Bond also known as a Patriot Bond is a low-risk investment whose earnings are usually subject to Federal income taxes. However, a savings bond education tax exclusion makes it possible for U.S. taxpayers to cash in bonds tax-free, when the money earned is used to pay for qualified higher education expenses in the same year that the bonds are redeemed. Examples of qualified education expenses include tuition and fees, but exclude room, books and board.