Credit Card Use Is Down. Use That Space to Fund Your Kid’s Future
Declining credit card use frees up cash flow. Redirect that $25 monthly to fund your child's future.
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Money talk with your partner: 10-minute plan
Talking about money with your partner doesn't have to be hard. Use this ten-minute plan to get aligned on finances.
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What Can a UTMA Actually Pay For?
UTMA accounts can fund much more than you might think. Discover the full range of qualifying expenses.
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“Buy Now, Pay Later” is moving into groceries and bills—here’s why that’s risky
Buy now, pay later is expanding into everyday purchases. Understand the risks before falling into this debt trap.
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Why UTMA Accounts Make Sense for Helping Grown Children (Not Just for College)
UTMA accounts offer flexibility beyond college savings. Help your grown children with any major life expense.
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Why the Rising Cost of College Makes Flexible Savings Smarter Than Ever
College costs keep climbing unpredictably. Flexible savings options help you adapt to changing circumstances.
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How Much to Save for College at Every Age: UNest Helps Parents Hit the Benchmarks
College savings benchmarks help you track progress. Learn how much to save at every age to hit your goals.
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Postpartum Sleep Deprivation: Why New Moms Struggle With Rest (and How UNest Helps)
New parents are exhausted enough without complex finances. UNest simplifies saving during those sleepless early months.
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Do You Really Understand Money? Take the Quiz
Test your financial knowledge with this revealing quiz. Discover gaps in your understanding and how to fill them.
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Financial Literacy Scores Stuck at 49%: How Families Can Break the Cycle
Financial literacy scores remain stubbornly low nationwide. Break the cycle by teaching your kids better money habits.
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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