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See how their account could grow
Move the sliders to see how your child’s account might grow with them through the years. It’s a powerful way you could help them achieve their financial dreams!
$30,270
Monthly contributions
$30
Monthly gifts from others
$50
Years to grow
18
Average annual return
6%
A lifetime of possibilities
An account that grows with them, from childhood into adulthood. By investing for them when they’re young, contributions can add up over time and be withdrawn whenever they need, to help them achieve their dreams.
When they’re minors
One-time set up
Gifts that grow
Tuition
Art classes
Band uniforms
Sports equipment
Tutoring
Any child-related expense
Family & friends can send gifts
No more broken toys and unworn clothes!
Your child’s account comes with a unique gifting link that you can share with family and friends. They’ll be able to send personalized gifts for birthdays, holidays, or just because.
Tax advantages*
Our custodial accounts are UGMA (“Uniform Gift to Minors Act”) accounts. In most cases, there are no taxes paid each year, or taxes will be much less than in a standard investment account.* See FAQ section for additional details.
First $1,250
Tax-free
Next $1,250
Taxed at the child’s rate
Beyond
Taxed at the parent’s rate
Here’s an example:
Johnny’s account earned $1,500 this year.
How much would he pay in taxes?
Assumes that Johnny is in the lowest tax bracket (10%). Regular investment account would be taxed at the parents’ bracket (30% in this example).
Assumes that Johnny is in the lowest tax bracket (10%). Regular investment account would be taxed at the parents’ bracket (30% in this example).
Big dreams, small fees
You get all this with your account for only $3/mo.²
More than one account? It’s only $5/mo, flat.
Penalty-free withdrawals¹
Professionally managed portfolios
Automatic monthly contributions
For education...and beyond
Unlike a 529 plan, which is restricted to qualified education expenses, a UGMA investment account can be used for anything that benefits your child—no matter if it’s when they’re minors, in college, or beyond.
Education
Sports uniforms
Art supplies
First car
Wedding
Mortage
Retirement
Yes! Having both a 529 and a UGMA investment account is a great way to set your child up for financial success at any stage of their life.
Accounts will transfer to your child when they reach an age of majority (varies by state, typically 18-21 years old).
A trusted way to invest in their futures
Our investment accounts are known as UGMAs. UGMA accounts have been around since the 1950’s and are a trusted way to invest in your child’s future.
Asset management
Flexible portfolios
Security and privacy
protected up to $500kGot questions? We’ve got answers.
What is a UGMA kids investment account?
When can my child legally access their account?
What are the UGMA tax benefits?*
What can the money in this account be used for?
What is the difference between a UGMA and a 529 account?
Who is Fort Washington Investment Advisors and what is their role?
How much does this cost?
What information will I need to open an account?
How can I contribute to my child’s account?
Is there a minimum amount I need to contribute?
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