The College Investor on MSN

Best custodial investment accounts in 2026

Key Points ・Custodial investment accounts (UMGA and UTMA) are taxable investing alternatives to 529 plans and Roth IRAs ...
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I have a UTMA account with $60k sitting in it for my son and I’m worried that 18 years old is too young to have access to that much cash

An UTMA account makes it easier to save up for your child’s future and is a great resource. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in ...
CNBC

How custodial accounts help parents build a nest egg for their kids early on

If you want to start building a savings early on for your child, the perfect vehicle to do that is through a custodial account. These accounts make it possible for parents, grandparents or other ...
Business Insider

I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead.

Our families didn't pay for my and my husband's college. We have five kids, from 13 to 4, and we know we can't fully pay for their college. Instead of going with 529 plans, we went with UTMA custodial ...
AOL

How to open a savings account for a baby or child

Opening a savings account for a child can help teach them valuable financial skills, such as money management and goal setting. Custodial accounts can hold more than just cash and may affect future ...
AOL

Best custodial investment accounts

A custodial account is a popular way for parents and guardians to invest for their children’s future. Accounts are easy to set up and manage, and the adult custodian can choose from a wide range of ...