Better Alternatives to UTMAs and UGMAs Explained
Published June 19, 2025
Views 14.8K | Likes 220 | Comments 17
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Thinking about opening a UTMA or UGMA custodial account for your child? You might want to think twice. In this video, I break down the key reasons I don’t usually recommend these accounts—from loss of control to financial aid penalties and limited tax advantages. If you're looking to invest for your child's future, th…
- Published
- June 19, 2025
- Made for kids
- No
More features coming
We're working on new analytics and tools. Stay tuned.