Saving/Investing for Kids

Help jump-start your kids' financial futures, with UGMA, UTMA, investments, custodial accounts, college savings plans, and more.

Saving/Investing for Kids

Trump Accounts: What Parents Should Know

Trump accounts (also known as “530A accounts”) are government-created retirement accounts for children, established under legislation passed on July 4, 2025 (known as the “One Big Beautiful Bill”). Parents are expected to be able to open accounts beginning July 4, 2026, and begin contributing on July 5, 2026. As part of a pilot program, children born between 2025 and 2028 are eligible to receive a $1,000 government contribution when an account is opened. These accounts are new and still evolving, so it's important for parents to understand how they work.

By Allison Kade

Saving/Investing for Kids

How Taxes Work With a UGMA Account

A UGMA account holds money and assets for your child, and you’ll have to manage taxes on the child’s behalf.

By Jessica Sillers

Saving/Investing for Kids

Tax Updates Parents Need to Know in 2026

New tax laws may affect the credits and deductions you can claim on your tax return. Get info on tax updates that may apply to you.

By Jessica Sillers

Saving/Investing for Kids

The New Parent's Financial Checklist: Life Insurance and More

When you have a baby, there’s a lot to consider. Now's the time to focus on your financial priorities. Here's where to get started.

By Allison Kade

Saving/Investing for Kids

How to Do 30 Days of Financial Self-Care as a Parent

Self-care comes in many forms, including how you handle your money. See how small steps may add up to help improve your financial well-being.

By Jessica Sillers

Saving/Investing for Kids

Investing Strategies for Beginners

Investing can be a sound strategy to help grow your finances over time. Start by identifying which strategy and account type works best for you.

By Jessica Sillers

Saving/Investing for Kids

What Is an Investment Time Horizon?

An investment time horizon is the amount of time you’ll hold an investment. Your investment time horizon is essential in determining how much risk it makes sense for you to take in investing.

By Jessica Sillers

Saving/Investing for Kids

Financial Tips for Back-to-School Season

Back-to-school savings tips, holiday prep and other planning can help you save money and set yourself up for a successful school year.

By Jessica Sillers

Saving/Investing for Kids

Emergency Fund: What Families Need to Know

An emergency fund can help keep your family more stable in tough times. Here’s how to get started and where to keep emergency money.

By Allison Kade

Saving/Investing for Kids

5 Signs You Might Be Ready to Invest (and 3 Signs You’re Not)

There’s no universal sign that you’re ready to invest, but these factors can help you decide when the timing is right for you.

By Jessica Sillers

Saving/Investing for Kids

What Parents Should Know About Custodial Roth IRAs

If your kids earn income, a custodial Roth IRA can offer tax-advantaged growth to help prepare for their future. Here are details you should know.

By Jessica Sillers

Saving/Investing for Kids

The Grandparent’s Guide to Investing for Grandchildren

Investing financially for your grandkids’ future can be a way to continue your legacy and give your family the resources to help reach their full potential.