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 MSN11d
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.
Kiplinger3y
UTMA Accounts Explained: Rules, Custodial Brokerages and More
Flexibility gives UTMA accounts an advantage over some other savings strategies, such as 529 plans and Coverdell Education Savings Accounts (ESAs), which can be used only for qualified education ...