Saving Beyond College: Why UTMAs Offer More Flexibility Than 529s
As highlighted in Bloomberg's recent article, the value of a traditional college degree is being questioned by more American families,particularly among...
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Behind on Taxes? Here's How to Reclaim Financial Control
Falling behind on taxes can feel overwhelming,but it's never too late to take control.
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Financial Literacy Starts at Home: Researching Stocks with Your Kids
A new WSJ study shows that most retail investors skip doing research before buying stocks,a risky habit we can change at home.
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The Resurgence of Skilled Trades: Saving Early for Every Dream
Skilled trades are making a comeback,and families are taking note. According to
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Free Courses to Boost Your Resume and Financial Future
In a world where knowledge and adaptability matter more than ever,
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10 Money Rules to Thrive in a Contracting Economy
In today's uncertain economy, smart financial habits are more important than ever.
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UTMA Accounts Now Available in All 50 States
Learn about utma accounts now available in all 50 states and how it can help your family's financial future.
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Set Financial Goals That Stick
🎯 Setting clear financial goals is one of the most important steps in achieving long-term success,and it's never too early to begin.
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From Classrooms to Living Rooms: Make Financial Literacy a Family Legacy
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Make Memorial Day Shopping Work for You with UNest Rewards!
As Memorial Day approaches,
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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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