A comprehensive guide of saving and investing
insights to help advisors and their clients plan for
college
NEW
YORK, Feb. 15, 2024 /PRNewswire/ -- J.P. Morgan
Asset Management today launched its 2024 edition of College
Planning Essentials, an informational tool intended to help
financial advisors have more effective conversations around saving
and investing for college with their clients. The guide can be
accessed at jpmorgan.com/cpe.
College Planning Essentials features clear, compelling
charts and data on the most current and relevant college planning
topics to help advisors engage clients, debunk common myths
associated with education costs and encourage informed saving and
investing behaviors.
"With this year's updates to the Federal Aid Application
(FAFSA), student loan payments resuming and costs continuing to
rise, families will need even more advice in planning for college
expenses," said Tricia Scarlata,
Head of Education Savings for J.P. Mogan Asset Management.
"Families need a plan, or they run the risk of not saving enough
and borrowing too much. College Planning Essentials
arms advisors with the content they need to have more helpful
client conversations and reflects our commitment to providing the
very best information and insights to help them do so."
The annual guide helps navigate the changing college
investing landscape:
- Breaks down tuition costs for clients – including rising costs
of higher education and how much families can expect to pay
- Addresses financial aid realities – what it is, how it works
and why it's important to invest for expenses not covered by free
grants and scholarships
- Highlights how to get started saving for college – how much to
contribute, when and where to invest and what strategies can help
money work hardest
- Covers important updates to new federal financial aid rules and
rollover to Roth IRAs
College Planning Essentials takes a holistic
approach to the college savings landscape and is structured to help
advisors encourage informed investing, deliver solutions and deepen
relationships with clients.
J.P. Asset Management manages nearly $10
billion in 529 plan assets for more than 325,000 families
nationwide. For more information on J.P. Morgan Asset Management's
education savings solutions visit jpmorgan.com/529.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
$3.1 trillion (as of 12/31/2023), is
a global leader in investment management. J.P. Morgan Asset
Management's clients include institutions, retail investors and
high net worth individuals in every major market throughout the
world. J.P. Morgan Asset Management offers global investment
management in equities, fixed income, real estate, hedge funds,
private equity and liquidity. For
more information: www.jpmorganassetmanagement.com. J.P. Morgan
Asset Management is the marketing name for the asset management
businesses of JPMorgan Chase & Co., and its affiliates
worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial
services firm based in the United States
of America ("U.S."), with operations worldwide. JPMorgan
Chase had $3.9 trillion in assets and
$328 billion in stockholders' equity
as of December 31, 2023. The Firm is
a leader in investment banking, financial services for consumers
and small businesses, commercial banking, financial transaction
processing and asset management. Under the J.P. Morgan and Chase
brands, the Firm serves millions of customers in the U.S., and many
of the world's most prominent corporate, institutional and
government clients globally. Information about JPMorgan Chase &
Co. is available at www.jpmorganchase.com.
Disclosures
Before you invest, consider whether your or the
beneficiary's home state offers any state tax or other benefits
that are only available for investments in that state's qualified
tuition program.
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SOURCE J.P. Morgan Asset Management