Children’s Education Plan:
These uncertain times have given everyone food for thought. Parents are especially interested in ensuring that their children are well educated to give them a good start for life; however the costs associated with providing this education continues to rise. 

College Registration fees are likely to rise and the cost of books, accommodation and general living expenses means that third level education is an expensive proposition.
 
At ODM Financial we can help you to devise a savings plan which will have strong growth prospects but one that is within your tolerance for risk. We will also be able to guide you on maximising the tax efficiency of the plan by making use of existing gift tax exemptions and structuring the plan in a legally watertight way. This product is available to parents, grandparents, godparents or any relation or friend of a child.

Example:
For example, if the current children's allowance of €150 per month was invested in an Eagle Star Child's Savings Plus policy from when the child is born, it could build up to a fund of €41,160* by the time the child reaches adulthood at the age of 18. Your child could then access this fund and use it to give them a better start in life.