Five Rings Financial

760-845-3567

rkemp@5rfagency.com

College Planning

It is never too early to start panning for college.
Setting up a properly-designed IUL for your child as early as possible can put them on a fast track to financial success.

IUL for Kids: Building a Bright Future

As parents, we all love and want what’s best for our kids.

This includes wanting the best for their future financially.

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What is an Indexed Universal Life?

Indexed Universal Life (IUL) is a unique life insurance plan designed to provide financial security and long-term growth potential. It not only offers the protection and peace of mind that life insurance brings, but also acts as a powerful savings vehicle that can help fund your child’s future endeavors, such as education, a down payment on a home, or starting a business.

College Planning

Invest in Your Child’s Future Today

Setting up a properly-designed IUL for your child as early as possible is an incredibly effective savings strategy that can put them on a fast track to financial success as they reach adulthood.

Don’t wait another day to secure your child’s financial future. IUL for Kids offers a unique and powerful combination of protection, savings, and growth potential to ensure that your child has every opportunity to thrive.

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Why IUL?

Harness The Power of Compound Interest
IUL allows parents to leverage the immense power of compound interest over time to grow their child's savings. By starting at a young age, parents can maximize the ability for that money to grow over the years. Even a small monthly contribution of $50-$150 per month can add up in a huge way by the time that child reaches adulthood.
Unique Tax Advantages
IUL for Kids also offers tax advantages that can further enhance your child's financial growth. The cash value grows on a tax-deferred basis, meaning your child won't pay taxes on the growth as their policy is funded through the years . When the time comes, that cash value can be strategically accessed through participating loans, allowing them tax-free access to that cash value that is usually only seen in Roth IRAs or municipal bonds.
Locking In Lifetime Protection
One welcome side effect of setting up IUL as a savings vehicle is the life insurance protection it establishes for your child at a young age, locking in their good health and establishing permanent coverage into adulthood. Our IUL plans even come with free Living Benefits features, which allow access to the life insurance portion of the plan if there is a serious illness or injury at any point in the insured's lifetime.
‍Terminal Illness: 1-2 years expected to live

‍Chronic Illness: Unable to perform 2 of 6 activities of daily living OR severe cognitive impairment

‍Critical Illness: Cancer, heart attack, stroke, major organ transplant, kidney failure

‍Critical Injury: Paralysis, coma, major burns, severe brain injury
Teaching Financial Responsibility
We believe in the importance of teaching financial responsibility from a young age. IUL for Kids can serve as an invaluable tool to help your child understand the fundamentals of saving, investing, and managing money. By actively involving them in the financial planning process, they can learn valuable life lessons that will set them up for success as they navigate adulthood.
Expert Guidance Every Step of the Way
Our team of experienced, licensed professionals is dedicated to guiding you through the process, answering your questions, and providing personalized solutions that align with your unique needs and goals.
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Start investing today in your child’s future.

One of the most compelling features of College Planning is the opportunity for cash value accumulation. Watch the video to learn more!

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FAQs

Frequently Asked Questions

Financial planning for college at 5RF Agency combines long-term savings and life insurance strategies to build funds that can be accessed for future college costs, using tools like Indexed Universal Life (IUL) that grow cash value while also providing lifelong protection.

Life insurance for kids, such as an IUL policy, establishes permanent coverage early and builds tax-deferred cash value that can be strategically accessed through policy loans or withdrawals to help pay tuition, room, board, or other education costs.

A college financial planning strategy using an IUL policy leverages compound interest and potential tax-deferred growth to accumulate funds over many years while locking in life insurance protection, making it a dual-purpose tool for education funding and financial security.

Yes. Once sufficient cash value has accumulated, you can access it through loans or partial withdrawals to help cover qualified college expenses, providing flexible liquidity without needing to sell assets.

Starting college financial planning early maximizes the time for compound growth and cash value accumulation, giving your child more financial flexibility when it’s time to pay for tuition and other education costs.

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