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
How Investing for Kids Impacts Financial Aid
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.
By Jessica Sillers
Saving/Investing for Kids
Investing for Kids—Whether or Not They End Up in College
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.
By Jessica Sillers
Saving/Investing for Kids
Should You Leave Money for Your Kid With a Will or UGMA?
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.
By Jessica Sillers
Saving/Investing for Kids
How to Teach Kids to Manage Their Own Investments
Prepare your child to take over their own investment accounts by teaching investing concepts early.
By Jessica Sillers
Saving/Investing for Kids
What Are the Account Maximums and Limitations When Investing for Kids?
Small contributions can have a big impact when you’re investing for kids. Review UGMA maximums and limitations to build a plan that fits your needs.
By Jessica Sillers
Saving/Investing for Kids
Banking vs. Investing for Kids: Pros, Cons and When to Do Which
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.
By Jessica Sillers
Saving/Investing for Kids
How Money Flows Through a UGMA Account
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.
By Jessica Sillers
Saving/Investing for Kids
How Does Investing for Kids Really Work?
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.
By Jessica Sillers
Saving/Investing for Kids
UGMA 101: A Parent's Guide to Custodial Accounts
UGMA accounts are custodial accounts you can use to save money or build investments for your child. Learn UGMA limits and advantages to see how this could fit into your savings plans.
By Jessica Sillers
Saving/Investing for Kids
How UGMA Withdrawals Work: Can You Use UGMAs for Current Expenses?
Money in a UGMA account belongs to your child. Can you use some of it now? What to know about spending money from a UGMA on your child’s current expenses.
By Jessica Sillers
Saving/Investing for Kids
5 Ways to Turn the Holidays Into a Savings Opportunity for Your Child
Gifts don’t need to add clutter. Putting money toward your child’s future can be a meaningful way to show you care.
By Jessica Sillers
Saving/Investing for Kids
UGMAs, 529s and More: The Best Ways to Give Money to Minors
Different ways to give money to minors have their own pros and cons. Consider a range of options to find the best fit for your gift plans.
By Jessica Sillers
Saving/Investing for Kids
Fabric by Gerber Life Unveils Digital UGMA Product
New offering solidifies Fabric’s status as a one-stop-shop for achieving long-term financial security
By Fabric
Saving/Investing for Kids
How Taxes Work With a UGMA Account
Managing a UGMA or UTMA means you’ll have to handle taxes on your child’s behalf until they’re old enough to take charge of the account. Here’s how.
By Jessica Sillers
Saving/Investing for Kids
6 Ways to Deal With Conflicting Money Messages for Kids
Kids face constant messages from the media, peers and loved ones about money. Here’s how to handle conflicting ideas and teach your financial values to kids.
By Jessica Sillers
© 2024 Gerber Life Agency, LLC
