Saving for College

Whether children want to grow up to be farmers, firefighters, nurses or doctors, as parents and grandparents we want to support them and their dreams.
Dedham Savings and our SPF* Financial Representatives, Michael A. Pugliese and Megan Ruo,, can help you help your children and grandchildren by:

  • Discussing the different plans available and uncovering what’s best for your family
               - 529 Plans**
               - Coverdell Education Savings Accounts

               - UGMA & UTMA Custodial Accounts for Minors

  • Answering frequently asked questions by grandparents
               - Will Medicaid count my grandchild’s 529 plans as a part of my assets?
               - Can I access the money in the event of an emergency?
               - Can a 529 plan affect my grandchild’s chance of receiving financial aid?

To learn more about higher education planning needs, contactcontact Michael or Megan. Otherwise, stop by yourlocal branch to schedule a free, no-obligation appointment:

Main Office, Dedham Square, or East Dedham branch customers, contact Michael Pugliese.
Telephone: 781-320-4805  
Norwood, Walpole, Westwood, Needham or Sharon branch customers, contact Megan Ruo.
Telephone: 781-320-4867

** Investors should consider investment objectives, risks, and charges associated with Section 529 plans prior to investing. Contact your financial Consultant or 529 carrier for more information about municipal fund securities which is available in the issuer’s official statement or plan disclosure which should be read carefully prior to investing.

*Non-deposit investment products and services are offered through Sorrento Pacific Financial, LLC (“SPF”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Consultant. Products offered through SPF: are not FDIC or otherwise federally insured, are not a deposit or guarantee of the bank, and may involve investment risk including possible loss of principal. Investment Representatives are registered through SPF. The Bank has contracted with SPF to make non-deposit investment products and services available to bank customers.