Prepare for boundless possibilities
At RF Bank & Trust, we know every parent wants to give their child the strongest possible start. Planning early not only helps you stay ahead of rising tuition costs—it ensures they have access to the opportunities they deserve. Our Education Investment Account helps you grow funding for their future through expertly managed investments, giving you confidence as you prepare for the road ahead.
Expert management
Our RF Education Investment Account is managed by experienced and knowledgeable experts. Access to six different investment strategies means more choice and the potential for greater returns over time.
Flexibility
Anyone can invest on behalf of your child. Parents, grandparents, aunts, uncles, and friends can all contribute with no deposit limits for contributors.
And funds aren’t limited to education expenses. You can use them for tuition, fees, room and board, books, or even study abroad programs.
Total freedom
Not only can funds be used for expenses beyond tuition, if your child chooses a different path, they can still access the account without penalties or restrictions. Your family has complete flexibility to support their future, whatever it looks like.
Parental control
You stay in control of the account until your child turns 18. You decide when and how withdrawals are made. You can even change the beneficiary to another family member if plans change or funds remain. Once your child reaches adulthood, ownership transfers to them—ensuring a smooth transition.
RF Bank & Trust's EIA
By choosing a dedicated account for your children’s education, you make them a priority. Starting early means you can take advantage of the power of compounding, where accrued interest collects additional earnings. Our Educational Investment Account (EIA) also offers the flexibility to invest based on your risk preference, all through a single account. Your RF financial advisor can help you understand which fund fits your goals.
Expert advice
Connect with one of our investment advisors to plan for the future. They will take into consideration time horizons, risk tolerance and goals to help you choose the strategy that’s best for your child.
Secure their future
Each EIA is established in the child’s name, ensuring that the funds you’ve invested for their future remain fully accessible to them, exactly as you intended. If anything were to happen to you, these assets bypass the probate process eliminating delays, legal hurdles, and uncertainty. It’s a simple, thoughtful way to ensure their education plans stay on track, even in your absence.
Access made easy
When it’s time to use the funds, accessing the investment is simple and seamless. Disbursements can be sent directly to your child’s bank account, paid straight to a local or international educational institution, or even transitioned into another RF brokerage account to continue growing. The result is maximum flexibility with minimal effort.
Learn more about the RF EIA
Find out how quickly you can get started on investing for your child’s future. Our investment specialists are here to guide you. Set up an EIA account and experience the peace of mind that comes with having a plan.
Discover more services
College Savings Calculator
Use our calculator to find out the savings you need for your child’s education and research various scenarios and timelines.
Retirement
Plan your retirement with RF Bank & Trust and get the peace of mind that comes from knowing you have a clear roadmap for your future. Learn more about the RF Personal Pension Plan, Provident Plan and the Personal Retirement Account.
Stocks & Bonds
RF Bank & Trust provides your gateway to government bonds and trading securities listed on the Bahamas International Securities Exchange.
