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 ...

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, ...

Until recently, astute high-net-worth parents wishing to fund their children's future education expenses could save a bundle in taxes by transferring money or investments to accounts established under ...

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” ...

College costs are skyrocketing, and that trend is expected to continue. The majority of families use parental income and savings to pay for college. Instead of using savings accounts, 529 plans, ...

When college is covered, how should you invest $25,000 for a newborn? Explore custodial accounts, Roth IRAs, and flexible ...

Parents have the opportunity to build funds for their child’s education through savings vehicles like a 529 plan or a custodial account. Both of these options allow adults to store away money that ...

As a parent, it’s natural to want to give your child every advantage you can. One way to give them a financial leg up is by opening a custodial account on their behalf. Custodial accounts are ...

・529 plans are the leading way to save for college, but there are alternatives such as UGMA/UTMA accounts and Roth IRAs. ・Each option carries distinct advantages and drawbacks, particularly when it ...

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 ...

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) ...