Million Dollar Baby
Million Dollar Baby… a.k.a. the Head Start Program, is a cool way to get more out of saving for your child’s college. Many college savings plan’s limit you to only using your hard-earned, saved money in very specific ways for only certain types of schools. If you need those funds for something else (such as RENT, health care, or grocery shopping, while in school; or if your child chooses a non-collegiate path), you may have to deal with hefty fines and taxes.
Our new Head Start Program does something different. We all know the power of TIME and COMPOUNDING INTEREST when it comes to saving for school or retirement. Most of us wish we had started saving sooner. With the Head Start Program, your child can be 18-25 years ahead on saving for retirement (or down payment on a home/vacation of a lifetime/etc.) by the time most people would even start looking into retirement savings options!
Here is a short video to show how this works. This is a general overview and there are many options available to meet your needs in protecting your child’s future.
Imagine if your parents did this for you. Imagine going to college and getting $35,000-40,000 for college (never have to pay it back, use it how YOU need it). Imagine turning 30 and someone giving you $20,000 for a down payment on a home. Now imagine entering retirement with a $250,000+/year tax-free income
One of our team members will be happy to meet with you and your family to customize a perfect plan for your child, your needs, and your budget. Call TMC Capital Group today at (914)-380-8722.