GOBankingRates on MSN9mon
UGMA vs. UTMA vs. 529 Plans: Which One Should You Choose?
Two popular options emerge in this landscape: UTMA/UGMA custodial accounts and 529 plans. While both serve ... personalized ...
Young and the Invested on MSN6d
What Is a UTMA Account? [Investing for Your Child’s Future]
Giving young children financial gifts is a great way to help them with the expenses they’ll face as they age. However, cash ...
U.S. News & World Report11mon
Guide to Custodial Brokerage Accounts
Types of Custodial Brokerage Accounts: UGMAs vs. UTMAs There are two ... One way around this is to liquidate the UGMA or UTMA and transfer the assets to a 529 college savings plan.
Amongtech.com10d
Understanding UGMA Custodial Accounts: A Parent’s Guide
UGMA Custodial Accounts legally belong to the child, so earnings are typically taxed at the child’s rate, which is usually ...