LATEST POSTS
Why Every Family Needs a Financial Plan
A family financial plan reduces stress, keeps spending in check, and aligns daily decisions with long-term goals. Here's how to start.
Continue Reading →
The Power of Dollar Cost Averaging: Why Consistency Wins in the Long Run
Dollar cost averaging removes emotion from investing. Consistent contributions build wealth regardless of market swings.
Continue Reading →
Millennial Parents Are Breaking Old Parenting Norms - and It's a Good Thing
Millennial parents are rewriting the parenting playbook. New approaches include smarter financial planning.
Continue Reading →
Preparing the Next Generation: Emerging Trends in K-12 Financial Education
Financial education trends are evolving in K-12 schools. Stay informed about what your kids are learning.
Continue Reading →
Preparing for Parenthood in the Age of AI
AI is reshaping how parents prepare for the future. Navigate these changes with smart financial planning.
Continue Reading →
Where Do Kids Learn About Money - And Why Parents Should Pay Attention
Kids learn about money from multiple sources. Parents remain the most influential financial teachers.
Continue Reading →
What’s Ahead for K-12 Education in 2026 - And Why Parents Should Plan for the Unexpected
K-12 education is changing rapidly in 2026. Prepare for unexpected costs with flexible savings.
Continue Reading →
Why In-School Banking Is a Powerful Step - but Not the Whole Solution
In-school banking introduces kids to financial basics. Supplement these programs with real investing.
Continue Reading →The Cost of Raising a Child Is Climbing - How Early Saving Can Make a Difference
Raising children is more expensive than ever. Early saving helps families stay ahead of rising costs.
Continue Reading →
The Rise of 401(k) Millionaires Shows Why Starting Early Matters for Every Family
401(k) millionaires prove the power of consistent investing. Apply these principles to your child's future.
Continue Reading →
Start Early, Plan Smart: A Practical Guide to Saving for Your Child’s Future
Smart planning and early action are key to success. This guide shows you how to save effectively.
Continue Reading →
Why Financial Literacy Education in Schools Matters More Than Ever
School-based financial education is expanding nationwide. Reinforce these crucial lessons at home.
Continue Reading →
Kudos to the Dells: A Gift that Grows
The best gifts grow in value over time. Investing for children creates lasting family legacies.
Continue Reading →Don’t just take our word for it
Hear what trusted money experts say about why UTMA and UGMA accounts can be a smart way to invest for a child’s future.
Investing for your kid’s future
Dave Ramsey
Personal Finance Expert
Tap for more
There are some tax advantages to using UGMA and UTMA accounts… Since they’re in your child’s name, the accounts will be taxed according to their tax bracket… There are no contribution limits on UGMA and UTMA accounts.
Dave Ramsey
Personal Finance Expert
Read
Tap to flip back
Straightforward “starter” investing account for kids
Jill Schlesinger
Emmy winning Business Analyst
Tap for more
…you could consider opening an account where you can dive deeper with the kids by your side. The easiest way to do so is to open a custodial account, known as an UGMA … or UTMA … account.
Jill Schlesinger
Emmy winning Business Analyst
Read
Tap to flip back
Give children money that can accumulate over time
Jim Cramer
CNBC Host
Tap for more
You can give children money that can accumulate somewhat tax-free over time... I love them (UTMAs) because they were like, trusts that you didn’t need lawyers to create.... I think it’s one of the better tax breaks around though. I know hunting for tax breaks may not sound very exciting, but that’s how you take care of your family.
Jim Cramer
CNBC Host
Watch
Tap to flip back