Giving Money to Kids: UGMAs and UTMAs, 529 Plans, and More

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Giving Money to Kids: UGMAs and UTMAs, 529 Plans, and More

Giving Money to Kids: UGMAs and UTMAs, 529 Plans, and More


8.5 MIN READ

What’s the best way to give money to kids?

Whether it’s giving to kids, grandkids, nieces, nephews, or the other little ones in your life, we get this question quite a bit. So we decided to turn our three-part series on “Giving Money to Kids” into an all-inclusive piece. From college savings and, in particular, a 529 college savings plan to other college savings strategies and gifts that are not necessarily for education, you’ll find it all right here.

Source : https://blog.xyplanningnetwork.com/consumer-blog/giving-money-to-kids-ugmas-and-utmas-529-plans-and-more