Financial & Investment Resources

Investing for children is a valuable step towards securing their financial future. Below, you’ll find a list of trustworthy financial & investment resources, including information about 529 plans, custodial savings accounts, and other relevant investing options for children:

Investopedia – Understanding Custodial Accounts
Investopedia offers detailed explanations of custodial accounts, including UGMA and UTMA accounts, focusing on their legal and financial aspects.
URL: https://www.investopedia.com/terms/c/custodialaccount.asp

Savingforcollege.com
This site is a comprehensive resource for information on 529 plans, including comparisons of different state plans, calculators, and tips on saving for college.
URL: https://www.savingforcollege.com

Securities and Exchange Commission (SEC) – Introduction to 529 Plans
The SEC provides an official guide to understanding 529 plans, offering insights into investment options, tax advantages, and how these plans operate.
URL: https://www.sec.gov/reportspubs/investor-publications/investorpubsintro529htm.html

NerdWallet – Best College Savings Plans
NerdWallet ranks and reviews various 529 plans, providing a helpful starting point for parents looking to compare options based on fees, investment choices, and tax benefits.
URL: https://www.nerdwallet.com/article/investing/set-kids-brokerage-account

Fidelity Investments – Kids Accounts
Fidelity offers detailed guides on different types of accounts suitable for children, including custodial accounts and educational savings accounts.
URL: https://www.fidelity.com/529-plans/overview

Charles Schwab – Custodial Accounts
Charles Schwab provides information on how custodial accounts work, their benefits, and considerations for opening one.
URL: https://www.schwab.com/custodial-account

Vanguard – Saving for College
Vanguard’s resource center offers insights on planning and saving for college with 529 plans, including investment strategies and potential tax benefits.
URL: https://investor.vanguard.com/529-plan