Dependent Education Expenses

The template assumes the event starts at age 18 (Duration of Contributions field) and lasts for 4 years.

The selection box for this Target-Map only displays members designated as "Dependent".

This Target-Map template uses hard-coded values that can be refined to suit the needs of the client.

Each requirement can be individually edited on the "What you want" page.

Don't settle for our default descriptions. Rename line item descriptions as desired by clicking either the Edit link or Description link.

Add more requirements using the Add Desired Cash Flow button on the "What you want" page.

Use the Start Age field only to define a one-time funding requirement at a certain age/date (leave the end age blank) on the "What you want" page.

Target-Maps recognize the financials relevant to the event and apply them to help fund the need. Additional funding may be applied by the advisor on the "What you have" page.

Double-check COLA, Start and End ages, and Loss to Tax values. Ensure they are aligned with the funding requirements and edit as needed.

New asset financials added to the Asset-Map will appear on a Target-Map's "What you have" page, but will not be applied to fund the need until the associated check box is checked.

By design, Target-Maps are independent from one another. Funding used by one Target-Map is not automatically removed from other Target-Maps.

Use the Account Type field on the Details tab of the 529 asset on the Asset-Map. Select "529" from the list to inherit the desired default Target-Map Preferences tax percentage.