College Planning

Whether they want to grow up to be a farmer or a firefighter, as parents and grandparents we want to support them and their dreams, as best we can.

Inter American Trust Bank Investment and Retirement Services, available through CFS* can help you help your children and grandchildren by:

  • Discussing the different plans available and uncovering what’s best for your family:
    • 529 Plans
    • Coverdell Education Savings Accounts
    • UGMA & UTMA Custodial Accounts for Minors
  • Answering questions asked by grandparents:
    • Will Medicaid count my grandchild’s 529 plans as a part of my assets?
    • Can I access the money in the event of an emergency?
    • Can a 529 plan affect my grandchild’s chance of receiving Financial Aid?

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/ SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Inter American Trust Bank has contracted with CFS to make non-deposit investment products and services available to credit union members.