Investment Center
Services: College Planning
Paying for college may seem harder than ever, but saving for it is easier than you think. First Minnetonka Investment Center (FMIC) offers consultation services and products to help you invest and save for your children’s or your grandchildren’s elementary, middle, high school and higher education needs.
We can assist you in developing a college plan based on your children’s or grandchildren’s needs and your savings preferences. With new tax law changes, opportunities for tax-advantaged savings have increased and managing college investments is more flexible. Because tax laws change frequently, our investment advisor can help you stay informed of ongoing and new developments as they relate to your goals and objectives.
First Minnetonka Investment Center (FMIC offers a variety of education saving products. In addition to the traditional UTMA/UGMA (Uniform Trust/Gifts to Minors Accounts), we offer the Coverdell Education Savings Accounts and Section 529 Plans. You can also save money on education-related expenses and loans through tax credits and deductions.
Learn about FMIC’s Education Saving Products or to compare 529 Plans, ESA plans, and UTMAs, please see our Education Savings Expenses Chart.










