For the Fathers Who Invest in Their Child’s Future
Great dads invest in their children's futures. This Father's Day, celebrate by taking action on your child's financial security.
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Gen Z Is Planning for Kids Earlier Than You Think
Gen Z is thinking about kids earlier than expected. See how this generation is preparing financially for parenthood.
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5 Habits of Financially Confident Parents
Confident parents raise financially savvy kids. Develop these 5 habits to strengthen your family's financial foundation.
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Why Young Moms Need to Start Investing Now
Young moms have time on their side. Discover why starting to invest now can transform your family's financial future.
Continue Reading →Gifting Without Undermining Your Security
You can give generously without jeopardizing your retirement. Balance gifting with your own financial security.
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Holiday sale frenzy? Swap one item for a deposit
Skip one holiday purchase and invest it instead. Small redirected spending adds up to significant savings.
Continue Reading →Parents Are Saving More—Why Many Are Overlooking Formal Investment Accounts
Parents are saving more but often in the wrong places. Formal investment accounts offer superior growth potential.
Continue Reading →Don’t just take our word for it
Hear what trusted money experts say about why UTMA and UGMA accounts can be a smart way to invest for a child’s future.
Investing for your kid’s future
Dave Ramsey
Personal Finance Expert
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There are some tax advantages to using UGMA and UTMA accounts… Since they’re in your child’s name, the accounts will be taxed according to their tax bracket… There are no contribution limits on UGMA and UTMA accounts.
Dave Ramsey
Personal Finance Expert
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Straightforward “starter” investing account for kids
Jill Schlesinger
Emmy winning Business Analyst
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…you could consider opening an account where you can dive deeper with the kids by your side. The easiest way to do so is to open a custodial account, known as an UGMA … or UTMA … account.
Jill Schlesinger
Emmy winning Business Analyst
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Give children money that can accumulate over time
Jim Cramer
CNBC Host
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You can give children money that can accumulate somewhat tax-free over time... I love them (UTMAs) because they were like, trusts that you didn’t need lawyers to create.... I think it’s one of the better tax breaks around though. I know hunting for tax breaks may not sound very exciting, but that’s how you take care of your family.
Jim Cramer
CNBC Host
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