College Planning
A quality education can open doors for your children, but paying for it shouldn’t close the doors to your financial peace of mind. At Legacy Ensured Group, we help families prepare early and strategically, so when opportunity knocks, you’re ready to answer without financial stress.
Our approach to college planning goes beyond traditional savings methods. The cash value accumulated in a properly designed life insurance policy can be used to help pay for any type of secondary educational expense, including universities, technical or vocational schools, and even private primary schools. This gives families the flexibility to choose the path that best fits their child’s goals without being restricted by how funds can be used.
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By incorporating flexible and tax-advantaged strategies, we help you protect your savings, maintain access to your funds, and keep your long-term goals on track, all while investing in your child’s future.
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A Smarter Way to Prepare for Tomorrow
We understand that every family’s vision for education looks different and so should their financial plan. Whether you’re planning for your child’s college, helping a grandchild, or simply exploring ways to make education more affordable, we’ll guide you through options that align with your family’s values, goals, and resources.
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Take a moment to ask yourself:
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Have you considered how education costs might impact your retirement or long-term savings?
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Are your current savings tools flexible enough to adapt if your child chooses a different path?
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What if you could fund education and protect your family’s future at the same time?
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Would you feel more confident knowing you can access funds when you need them — without penalties or restrictions?
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Planning for education isn’t just about tuition; it’s about creating choices, freedom, and a legacy of opportunity. Let’s design a plan that helps your family thrive, both today and for generations to come.​
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Case 1: Scholarship Success and the Hidden Limits of a 529 Plan
Meet Jennifer, a devoted single mom who worked hard to set her daughter, Mia, up for success. When Mia was a baby, Jennifer opened a 529 college savings plan and contributed consistently over the years.
Her dream came true when Mia graduated with honors and earned a partial scholarship to a private university. Jennifer was overjoyed, all those years of saving had paid off, and now Mia’s future looked bright.
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But soon Jennifer realized a problem she didn’t expect. Because the scholarship covered tuition, there was less need to use the 529 funds for “qualified education expenses.” She wanted to use some of the money to help with travel, housing, and living costs, but the plan restricted those uses. Any non-qualified withdrawal would trigger taxes and a 10% penalty on the earnings portion.
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If Jennifer had instead built her college savings through a permanent life insurance policy with cash value, she could have accessed the funds tax-free and for any purpose, with no penalties, no usage restrictions, and no effect on financial aid eligibility.
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So while Jennifer celebrated Mia’s scholarship, she also learned a valuable lesson: flexibility is just as important as savings.
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A 529 plan can be a great tool for tuition, but life insurance–based cash value strategies offer the freedom to adapt, whether your child gets a scholarship, changes schools, or pursues a different path altogether.
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Case 2: Market Losses Before College: The Hidden Risk of 529 Plans
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Meet Eric and Lisa, proud parents who opened a 529 plan when their daughter, Ava, was born. For 17 years, they diligently contributed and watched their balance grow — until Ava’s senior year of high school.
Just months before she started college, the stock market dropped, and their 529 plan lost a significant portion of its value. With tuition payments due, they were forced to withdraw the funds at a loss — locking in the market downturn.
If Eric and Lisa had chosen a cash value life insurance strategy, their savings would have been protected from market volatility while still growing tax-deferred. When Ava was ready for college, they could have borrowed from the cash value without interrupting growth, giving her the education she deserved without financial setbacks.
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529 accounts can lose value when markets drop.
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Life insurance–based plans can offer steady, risk-managed growth with guaranteed access when families need it most.
Education funding should grow safely, not at the mercy of the market.
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The Legacy Ensured Approach
College planning isn’t just about tuition, it’s about freedom, flexibility, and family security. Whether your child earns a scholarship, changes
their plans, or the market shifts unexpectedly, your strategy should adapt — not limit you.
At Legacy Ensured Group, we help families design smart, flexible solutions that protect your savings, grow your options, and keep your dreams for your children within reach, no matter what life brings.
Empowering Families. Securing Legacies.
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