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 →
10 Practical Ways to Boost Your Credit Score in 30 Days
10 Practical Ways to Boost Your Credit Score in 30 Days
Continue Reading →
Save the Planet, while Saving for Your Kids
Kids love getting presents. And most people love giving them.
Continue Reading →
3 advantages of using a UTMA account to quick-start your child's future
<h1>3 Advantages of Using a UTMA Account.</h1>
Continue Reading →
7 baby shower cake ideas that are sure to steal the show
<h1>Unique Baby Shower Cake Ideas and Designs</h1>
Continue Reading →
Saving for college,when is the right time to start?
<h1>When should parents start saving for college?</h1>
Continue Reading →
How much to spend on a baby shower gift in 2023
You're over the moon for the mom-to-be and you want to give her the perfect gift for her bundle of joy.
Continue Reading →
7 Tips for Setting Financial Goals in the New Year
New Year's resolution ideas are plentiful during the holiday season. Sometimes getting your financial house in order gets lost amid the social media and...
Continue Reading →
Christmas Financial Survival Guide
<h1>As the holidays are upon us, you may find yourself struggling to keep your head above water financially.
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
Tap for more
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
Read
Tap to flip back
Straightforward “starter” investing account for kids
Jill Schlesinger
Emmy winning Business Analyst
Tap for more
…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
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 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
Watch
Tap to flip back