A Message from Century Insurance Consultants, Ltd in response to COVID-19.
To ensure the safety and well-being of our team, our clients, and our community, we will be closing our office to the public until further notice. The only way we can slow the growth of this virus is to limit human interaction. This is our way of helping in that effort.

The Century Insurance staff will continue to work both in our office and remotely to carry out our day-to-day operations. Thank you for your cooperation and understanding through this very trying time.

Education Savings

Your children or grandchildren may be young now, but before you know it will be time to plan for college.  As college costs continue to climb each year, planning on how to pay for college can be extremely important.

Our advisors can help select the education savings plan that makes the most sense for you.  Some of the most common plans include:

  • 529 College Savings Plan:  A 529 plan targets college tuition and expenses.  It offers tax and contribution advantages.  Additionally, the plan stays under your control.
  • Uniform Gifts to Minors/Uniform Transfers to Minors Accounts (UGMA/UTMA):  This type of custodial account is one in which your child or grandchild ultimately controls.  The funds can be used for education as well as other expenses.
  • Coverdell Education Savings Account:  This plan offers tax advantages but does have a $2000 per year limit on contributions


In addition to helping you select an education savings plan, our advisors can also help you organize your assets to allow the greatest opportunity for your child to receive financial aid.