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 ...

The cost of higher education has skyrocketed over the last few decades, and shows no signs of slowing. That’s why it’s more important than ever that parents start saving as early as possible for their ...

So you’d like to set aside some money for your children. Perhaps you want to build an early inheritance or, more likely, you’d like to get a jump on their college fund. In either case, you’ll want to ...

(MoneyWatch) One of my clients recently asked me if they should close out their UGMA (Uniform Gifts to Minors Act)/UTMA (Uniform Transfers to Minors Act) accounts in favor of increasing their ...

When college is covered, how should you invest $25,000 for a newborn? Explore custodial accounts, Roth IRAs, and flexible strategies with expert guidance.

Forbes contributors publish independent expert analyses and insights. William Baldwin covers investing, taxation and corporate finance. Custodial accounts make sense only if you are certain your child ...

Children aren't legally allowed in most states to own financial assets, so parents who want their children to save and invest typically open custodial accounts. One common form of custodial account is ...

It's never too early to start planning for a kid's financial future. (Heck, considering the way tuition costs keep rising, it can feel like we're all behind.) But as one Motley Fool Answers listener ...

It’s my annual "Taxes from A to Z" series! For the series, I’ll focus on terms that you might see on your tax forms and statements but not necessarily in the headlines. If you’re wondering whether you ...

Q. Not knowing that the age of majority for an UTMA account in New Jersey is 21, I closed my daughter's UTMA account with a broker after selling the stocks when she turned 18. I received a check for ...