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 ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Saving money for your child’s future is a noble goal for ...

Giving young children financial gifts is a great way to help them with the expenses they’ll face as they age. However, cash ...

Custodial accounts allow you to open and manage an investment or savings account on behalf of a minor. You are the account custodian until the minor reaches the age of majority in their state. They ...

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 ...

Editor’s note: This is the fourth article in a six-part series focused on paying for education using smart financial and estate planning. Other articles focus on direct tuition payments, 529 plans, ...

Many parents and grandparents want to set money aside for a child’s future but aren’t sure of the best way to do it. One option that often flies under the radar is using a UTMA (Uniform Transfers to ...

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Suze Orman, renowned for giving financial advice on her "Women & Money" podcast, recently advised a woman looking to open brokerage accounts for her four grandchildren, aged 7, 5, 2, and two months.

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 ...