Is There a College Savings Plan That Is Tax-free?

Doug Andrew spends his time each week helping people who are serious about optimizing their assets, minimizing their taxes and empowering their authentic wealth. In his nearly 5 decades as a financial strategist and retirement planning specialist, Doug has picked up a lot of useful knowledge.

Today, Doug answers a common question about whether there is a college savings plan that’s tax-free, even if you don’t use that money to pay for college. The answer is yes, and Doug explains his preferred savings vehicle and how it works.


  • Why do so many people get lured into socking away their education savings in a 529 plan? Doug explains the advantages and disadvantages of such plans.
  • What are the strings commonly attached to such plans and is there a better way to save? Learn how some plans make it very difficult to use that money for anything but a qualified use.
  • How can a person save for education, among other things, with tax-free accumulation and access? Doug spells out what his favorite savings vehicle looks like and why it’s a better way to save.
  • Why is the max-funded, indexed universal life insurance contract (IUL) a better way to save? Doug describes the advantages of a properly structured IUL as a means of saving for the future.
  • How is tax-free accumulation a better way to save than the tax-deferred route? Discover the undeniable advantage that comes with getting those taxes over and done with once and for all.
  • What makes the IUL similar to a financial Swiss Army knife? Doug explains how you can enjoy liquid assets safely earning predictable rates of return regardless of what’s happening in the market.
  • And much, much more…

Start by visiting with a IUL Specialist today.