If you want to start building a savings early on for your child, the perfect vehicle to do that is through a custodial ...

Curious about what is a custodial account? Learn how they work, the benefits for kids, tax rules and other important things ...

Key Points ・Custodial investment accounts (UMGA and UTMA) are taxable investing alternatives to 529 plans and Roth IRAs ・These accounts act as traditional brokerages for your children ・New tools allow ...

HUNTSVILLE, Ala. (WAFF) - When saving for a child’s future, most people consider college funds, like 529 plans. But what if you want to give your child a broader financial foundation? Custodial ...

When my wife was a baby, her auntie opened a gift account and invested a few thousand dollars in a low-cost mutual fund. Today, 36 years later, that account is worth about $45,000. We've never touched ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Earlier this year, BaaS firm Synapse collapsed amidst a ...