What kind of dreams do you have for your children? Is a college education one of them? Like all dreams well conceived, your financial security will make it easier for you to help them when the time comes.

Planning for a child or grandchild's education isn't as simple as it used to be. Today's options offer more potential, but must be chosen carefully. Depending on family income and other factors, it's important to make these decisions as early in the child's life as possible.

The best way to help meet these costs is to create a college funding strategy and choose the option that best suits your family. Remember the need to insure your ability to help pay your child's college expenses. Your ability to provide financial support is important. Should you die, life insurance can help replace the loss of your income and fulfill your dream for your children's future.

A Northwestern Mutual Financial Network Representative, who is also a Registered Representative of Northwestern Mutual Investment Services, LLC, can provide you with information on Coverdell Education Savings Accounts, custodial accounts (UTMAs and UGMAs), and 529 plans to help you make this important decision.

On August 17, President Bush signed the Pension Protection Act of 2006 into law. The Pension Protection Act Modifies More Than Just Pensions explains the new law, including the impact on 401(k)s, IRAs, 529s and charitable giving.

Download Pension Protection Act Modifies More Than Just Pensions (283k)

Contact your Financial Representative today to set your dreams in motion for your children's tomorrows.