Planning For Your Child's Education Makes You A Better Parent
Being a parent is hard. We totally get it!
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The Plan to Save for Your Child's Future
The high school graduation clock starts counting down as soon as your child is born.
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Are You Hoping for a Scholarship or Financial Aid? Read This!
Back in high school I had a lot of friends who I played baseball with, and many of them had dreams of pursuing the sport at the college level so they could...
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How The Recent Tax Reform Extended 529 Plans to Kindergartners and High Schoolers
While most families associate 529 plans with college or university, few know that they can now be used for K-12 private education.
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The Four College Saving Tips Parents Need to Know
As the days get longer and the sun shines a bit brighter, many families are getting ready to travel, go on vacations or start their summer grilling.
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The Top Five Myths of 529 Plans to Get You Ready for College
Parents often have many questions about 529 Plans , what they are, how to use them, what their benefits are.
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Why a 529 College Savings Plan is the Best Gift Grandparents Can Give
A lot of people swear by their grandma's secret chocolate chip cookie recipe , flour, butter, sugar, chocolate chips, and love , those ingredients combined...
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Help Your Kids Achieve Their Dreams
Dear parents, can we all agree on one thing regarding our kids?
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How Michigan Launched a College Savings Program That Jump Started the 529 Plan Across America
If you're a typical parent, it's likely you've never heard of the Michigan Education Trust (MET) but it spearheaded the 529 plan movement.
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529 - The Three Numbers Parents Need to Know for College
Sending children to college can be one of the most rewarding experiences of a parent's life.
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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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