At Winthrop, we help our clients live life in the moment while boldly exploring and imagining possibilities for their future. Our approach enables us to explore every aspect of your life so that we can design a big-picture plan and investment solutions that balance practicality with opportunity.
Whoever you are, and wherever you are on your journey, our multi-generational team has all the tools and experience to help you pursue your financial goals—and live your life to the fullest.
From fast-growing startups and closely held family businesses to multi-generational enterprises, we will help empower you to operate more efficiently day-to-day, while laying a foundation for navigating the future.
We work closely and collaboratively with our endowment and non-profit clients to provide investment programs and hands-on portfolio management services pursuing global opportunities while seeking to ensure alignment with key business objectives.
We’re committed to seeking out and sharing the trends influencing markets and the outlooks that might inform our investment approach. In an industry like ours, being open to multiple viewpoints and fresh perspectives is a critical part of how we add value, and help our clients imagine all the possibilities.
In the world of finance, things change fast and there’s always more to learn. We’ve created a series of tools that will help you stay educated and keep you informed about the things that matter most.
Updates | May 29, 2020
Today is 5-29 or 529 College Funding Day!
Although May 29th or 5-29 only occurs once in calendar year, there are two types of 529 plans:
Today’s post is to create awareness around 529 plans. 529 plans allow families to save and invest funds for a child’s education and then make tax-free withdrawals to pay for related educational expenses. If you have young children or grandchildren, we encourage you to think about 529 plans if you do not already have one established for college savings. Today, May 29th, is a great day to open a new 529 as many states and providers have incentives in place to reduce the cost of establishing a new plan. If you currently have a 529 account, it’s an excellent time to review your college planning goals to determine if you are on track and evaluate if you need to make any necessary adjustments to your existing 529 plan(s).
Some of the benefits a 529 plan can provide are the following:
These are just some of the highlights of 529 plans. We always recommend that you do your research and/or speak to your advisor to evaluate which plan type might be most appropriate for you given your goals and financial picture. If you have any questions or want to discuss building a financial plan to meet your financial goals, contact us to schedule a meeting. firstname.lastname@example.org – 617-530-1010.
This information is not intended to be a substitute for individualized tax advice. We suggest that you discuss your specific tax situation with a qualified tax advisor.
Securities offered through LPL Financial. Member FINRA/SIPC. Investment Advice offered through Winthrop Wealth, a Registered Investment Advisor and separate entity from LPL Financial.