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 UGMA Withdrawals Work: Can You Use UGMAs for Current Expenses?
A UGMA account holds money or investments for your child. In some cases, you can withdraw funds to use toward your child’s current expenses, if you do it the proper way.
By Jessica Sillers
Saving/Investing for Kids
UGMA 101: A Parent's Guide to Custodial Accounts
A UGMA custodial account can be one way to plan for your child’s future. Get details on tax advantages and how to help money grow for your child.
By Jessica Sillers
Saving/Investing for Kids
UGMA vs. 529: What's the Difference, and Which Should I Use?
You have options to choose to put money toward your child’s future. UGMA and 529 accounts offer unique advantages to consider.
By Jessica Sillers
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.
By Jessica Sillers
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