Fear of Investing
We know our kids can be scared of many things: the dark, monsters under the bed, creepy bugs or ghosts.
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Families of U-Nest: Darren, Lauren with William and Charlotte
1. How many kids do you have?
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NATIONAL 529 DAY: FEE-FREE COLLEGE SAVINGS FOR FAMILIES
A recent U-Nest study found that 90 percent of parents believe they should pay for at least some of their kid's college education.
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What legacy can parents with student loans leave to their kids (that isn't more student loans)?
Most parents hope to create wealth to benefit their children. They dream of helping their children become successful, so they can pass prosperity on to the...
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College Savings Crisis - Survey Results
Parents prioritize saving for their children over saving for retirement, paying off a mortgage, taking a vacation, and paying off their own student debt.
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Families of U-Nest: Olga with Alexa and Dasha
I have two kids: identical twin girls. They are almost ten years old now.
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Families of U-Nest: Tanya, Sam and Evelyne
We have a daughter who is 15 months old.
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How Much Should I Save for my Child's Education
College acceptance letter day: a moment every parent dreams of. The stress and anxiety of waiting are finally over, the hard work has paid off, and your kid...
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Families of U-Nest: Jarred, Beth and Sierra
1. How many kids do you have?
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App Of The Day Featured U-Nest
The U-Nest app has recently been featured as App Of The Day. Ksenia Yudina, CEO and founder of U-Nest gave an interview to the technology related online...
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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