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
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
Saving/Investing for Kids
How Much Does It Cost to Send My Kid to College in Each Part of the Country?
College is expensive, but costs can vary widely depending where you live. Learn your area’s tuition cost to estimate how much to save.
By Jessica Sillers
Saving/Investing for Kids
Should You Invest for Kids in UGMA vs. Brokerage Accounts?
You can use your own brokerage account or a custodial account to invest money for your child. Both options come with advantages and disadvantages.
By Jessica Sillers
Saving/Investing for Kids
Am I Ready to Invest for My Kids? A Checklist for Parents
A UGMA account holds assets like cash and investments for a minor. Check if you’re ready for a UGMA, and how to make sure your account is on track.
By Jessica Sillers
Saving/Investing for Kids
How Much to Save for College? The Ultimate Guide
Despite scary headlines, saving for college is doable. From figuring out how much you can afford to talking about it with family, here’s how.
By Jessica Sillers
Saving/Investing for Kids
The Parent’s Guide to UGMA vs. Trust Funds
Either a UGMA account or trust fund can help you gift money to your child. UGMAs are simpler and cheaper, while trust funds offer more flexibility for complex arrangements.
By Jessica Sillers
Saving/Investing for Kids
Custodial Roth IRA vs. UGMA Account: Which Is Right For You?
Custodial investment accounts and Roth IRAs can offer flexibility and tax advantages. Get the details to figure out which might be the right fit for your kids.
By Jessica Sillers
Saving/Investing for Kids
What 529 Plans Cover (and What They Don’t)
A 529 savings plan can cover many college expenses, but not all. This guide can help show what expenses are covered.
By Jessica Sillers
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
© 2025 Gerber Life Agency, LLC
