Smart Saving in an Inflationary Economy
đ Inflation continues to top the list of financial concerns for American families.
Continue Reading â
Smart Tax Strategies for Growing Families
đĄ UTMA accounts offer a flexible, powerful way to invest in your child's future,
Continue Reading â
Signs of Financial Progress in 2025
Families Are Cutting Back and Getting Ahead
Continue Reading â
The Growing Importance of Financial Literacy in 2025
Financial Literacy
Continue Reading âFinancial Literacy Month - A Lifeline for Families
April was Financial Literacy Month, and the U.S. Treasury has reaffirmed its commitment to advancing financial education nationwide.
Continue Reading â
Protecting Your Child's Education Amid Budget Cuts
With federal education funding under pressure, many parents are asking a critical question: What can we do to protect our children's futures?
Continue Reading âFlexible Investment Accounts That Grow With Your Child
Your child's future is full of possibilities,and UNest is here for all of them. Our flexible custodial accounts are ideal for everything from college to...
Continue Reading â
The Secret Steps to Financial Independence
Financial independence isn't just for adults,it's a mindset to pass down. According to Investopedia, the key steps include investing consistently, avoiding...
Continue Reading âFinancial Confidence in Uncertain Times
As consumer confidence wavers, financial stress is hitting households harder than ever.
Continue Reading â
Turn Everyday Spending Into Future Savings with UNest
With UNest Rewards, you can earn while you shop.
Continue Reading âDonât 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 childâs future.
Investing for your kidâs future
Dave Ramsey
Personal Finance Expert
Tap for more
There are some tax advantages to using UGMA and UTMA accounts⊠Since theyâre in your childâs 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
Read
Tap to flip back
Straightforward âstarterâ investing account for kids
Jill Schlesinger
Emmy winning Business Analyst
Tap for more
âŠyou 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
Read
Tap to flip back
Give children money that can accumulate over time
Jim Cramer
CNBC Host
Tap for more
You can give children money that can accumulate somewhat tax-free over time... I love them (UTMAs) because they were like, trusts that you didnât need lawyers to create.... I think itâs one of the better tax breaks around though. I know hunting for tax breaks may not sound very exciting, but thatâs how you take care of your family.
Jim Cramer
CNBC Host
Watch
Tap to flip back