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As a parent, you want to help give your kids a financial head start. By investing for them when they’re young, contributions can add up over time and be withdrawn whenever they need them.
Tuition
Art classes
Band uniforms
Sports equipment
Tutoring
Any child-related expense
Move the slider to see how their account might grow over time
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.
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.
Tax-free
Taxed at the child’s rate
Taxed at the parent’s rate
Here’s an example:
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
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.