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

“Immediately, as soon as your grandchild gets a Social Security number, open a no-fee, registered-investment-adviser version ...

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 ...