Giving young children financial gifts is a great way to help them with the expenses they’ll face as they age. However, cash is easily spent right away. And even when it isn't spent, money tucked into ...

Opening a custodial brokerage account can usually be done in just a few minutes and entirely online. Here are some of the things to know before you get started.

An UTMA account makes it easier to save up for your child’s future and is a great resource. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in ...

Many parents and grandparents want to set money aside for a child’s future but aren’t sure of the best way to do it. One option that often flies under the radar is using a UTMA (Uniform Transfers to ...

Teaching children about money management early can be a powerful tool in setting them up for financial success. On a recent episode of the Women & Money Podcast, Suze Orman answered a question from an ...

・Custodial investment accounts (UMGA and UTMA) are taxable investing alternatives to 529 plans and Roth IRAs ・These accounts act as traditional brokerages for your children ・New tools allow you to ...

Suze Orman, renowned for giving financial advice on her "Women & Money" podcast, recently advised a woman looking to open brokerage accounts for her four grandchildren, aged 7, 5, 2, and two months.

BROOKLYN, N.Y.--(BUSINESS WIRE)--Fabric by Gerber Life, a life insurance innovator helping families protect their financial future, today unveiled a fully digital Uniform Gifts to Minors Act (UGMA) ...

More than half of parents in the United States emphasize paying for their child's college fees as a main concern. Start a UGMA custodial account early, and use the Dividend Growth Investing strategy ...

A few months ago the federal government took two actions that parents of college-bound kids need to know about. One could be a boon to financial-aid applicants. The other closes the “ladder tax” ...