The Uniform Transfers to Minors Act (UTMA) and Uniform Gift to Minors Act (UGMA) are unique taxable custodial accounts that help you save for your kids. While you can save and control these accounts, ...

A UTMA or UGMA custodial account is a flexible investment account that helps minors save and invest. Many, or all, of the products featured on this page are from our advertising partners who ...

Saving for your child's future, and in turn teaching your child about investing, can be among the biggest long-term concerns for any parent. One way to do both is with a custodial brokerage account, ...

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 ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Saving money for your child’s future is a noble goal for ...

Moving money from an UGMA or UTMA account into a 529 plan can have advantages Reviewed by Charlene Rhinehart Fact checked by Jiwon Ma Reviewed by Charlene Rhinehart Fact checked by Jiwon Ma An ...

When planning for your child’s financial future, custodial accounts are excellent options to consider. The two main ways to save are through the Uniform Gifts to Minors Act (UGMA) and Uniform ...

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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 ...