How to Help Your Kids Trick or Treat Safely
Never mind ghosts and goblins , there's a more insidious character lurking the streets.
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529 Plan Contribution Limits: How Much for 2020?
A 529 plan is the ideal way to save for college. It's a tax-advantaged account that can help cover the cost of tuition, books, room and board, and other...
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What are the Top Saving for College Options?
There are a variety of reasons you may want to save for your child's college. Maybe you'd like them to graduate college without a huge financial burden.
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Back to School Goal: Start a UNest Account
It's Never, Ever Too Late to Save for College , Even for High Schoolers. Here's How You Do It!
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10 Ways to Save Money for College Tuition
College savings can help your child avoid overwhelming amounts of student loan debt and allow them to enter adulthood on the right foot.
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Starting a College Fund for Babies
Let's be honest. The cost of college continues to rise every year.
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5 Benefits of an Investment Account For Your Kids
When we started UNest, our goal was simple: provide financial planning and services to families looking for ways to start saving for their children's education.
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How to Stay Sane During Market Volatility
Is the stock market going to crash? Are we heading for a recession?
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Garrett's Story: Saving for College as a Single Dad
As a 34-year-old single dad to an amazing and sometimes challenging 6-year old little girl, I've spent a lot of time thinking about my daughter's future and...
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How to Start Saving for a College Savings Account
While higher education may still feel far off for your little one, getting a head start on setting up a college savings account for your child is one of the...
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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