Parents sometimes worry that investing for kids will hurt financial aid eligibility. While student assets can affect some financial aid offers, there are often other advantages to investing for children.
College may or may not fit your child’s plans. Building flexibility into your financial support can help you be there for whichever path they choose.
A UGMA and a will can both be ways to give money to your kids. These options work differently but can both have a role in your estate planning.
Prepare your child to take over their own investment accounts by teaching investing concepts early.
Parents sometimes worry that investing for kids will hurt financial aid eligibility. While student assets can affect some financial aid offers, there are often other advantages to investing for children.
Use this investing glossary as a reference to review common terms and feel more confident explaining and managing investments.
You can put money toward your child’s future in a banking or investment account. Either option has advantages that can make it a good fit for your family.
When you contribute money to your child’s UGMA account, what happens next? A step-by-step guide to how money moves through a UGMA account.
A UGMA account can grow money through the stock market. Get the basics on how an investment account for kids can accrue returns for your child’s future.