ACCOUNT LOGIN Open Menu More pages in this section Plus SHARE Sending Kids To College Being able to send your children to college is a priority for many parents. In the college savings game, it's important to remember that not all strategies are created equal. Let's work together to create a savings plan to help make this dream a reality. Chelsea Groton Financial Services can help you to put together a savings plan that offers a combination of tax advantages, financial aid benefits, and flexibility to meet your investment needs. Some of the best ways to save for college include: 529 College Savings Plans – There are two types of 529 plans: college savings plans and prepaid tuition plans. Both are governed under Section 529 of the Internal Revenue Code, but are very different college savings vehicles. Coverdell ESAs – A Coverdell education savings account is a tax-advantaged education savings vehicle that lets you save money for college and public, private or religious elementary and secondary schools (K-12). Custodial Accounts – These allow your child to hold assets under a designated custodian that he or she wouldn't be allowed to hold in his or her own name. The assets can be used for anything that benefits the child. U.S. Savings Bonds – Series EE and Series I bonds are types of savings bonds issued by the federal government that offer a special tax benefit for college savers. The more money you save now, the less you or your child will need to borrow later. Schedule an appointment to get started today by calling 860-572-4040. Check Out the Chelsea Groton* Scholarship Program Each year, the Chelsea Groton Foundation awards $500 scholarships to area high school students to help them realize their dreams of higher education. Students should visit their school guidance office to learn more about the Foundation’s scholarship program and to pick up an application. *Disclaimer: The Chelsea Groton Scholarship Program is offered through the Chelsea Groton Foundation and is not affiliated with Chelsea Groton Financial Services or Infinex Investments, Inc . We do not provide tax advice. Consult your tax advisor. Financial Services Team John Uyeki Financial Advisor, Infinex Investments, Inc.; SVP, Director of Chelsea Groton Financial Services (860) 572-4041 Jennifer Eastbourne Program Coordinator, Infinex Investments, Inc.; AVP, Chelsea Groton Financial Services (860) 572-4040 Jim Elliott Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services (860) 572-4039 Bob Fradette Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services (860) 572-4045 Paulette Retsinas Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services (860) 572-4046 Kathleen Ringler Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services (860) 572-4047 Alee Rogan Financial Services Sales Associate, Infinex Investments, Inc. (860) 572-4042 Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA / SIPC. Chelsea Groton Financial Services is a trade name of the bank. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value. https://brokercheck.finra.org/ TUITION BREAK FOR NEW ENGLAND RESIDENTS Enables thousands of New England residents to enroll at out-of-state New England public colleges and universities at a discount. Find out more at New England Board of Higher Education. GET HELP PAYING FOR COLLEGE Learn about Federal Student Aid-FAFSA HOW READY ARE YOU FOR RETIREMENT? Find out by completing a Free Risk Analysis as a first step to developing a financial plan that is right for you. GET STARTED Want to hear about market insights, investment news, upcoming events, and more? Subscribe to our monthly CGFS e-newsletter today. COMPETITIVE FIXED ANNUITY RATES! Fixed annuities can offer attractive yields, tax efficiency, and liquidity, without stock market volatility. Call 860-572-4040 or email us today. Want to check the backgrounds of our Infinex Investments, Inc. professionals? BACK TO TOP LOCATIONS & HOURS APPLY FOR A LOAN OPEN AN ACCOUNT RATES EVENTS & EDUCATION FIND A FINANCIAL ADVISOR Customer Care: (860) 448-4200 | Email Us | Contact | Online Banking Facebook LinkedIn Twitter Instagram Enews Sign-up Copyright © 2021 Chelsea Groton Bank. All rights reserved. NOTICES AND LEGAL SITE MAP PRIVACY