ChiefsPlanet - View Single Post

chubychecker · 04-20-2010, 08:52 PM

I agree that ugtma accounts are a good way to go. A main difference is with a 529 you will always maintain control of the account whereas with a custodial account (gift to minors) your child will become the owner of the account at 21.

04-20-2010, 08:52 PM	#6
chubychecker Starter Join Date: Mar 2005 Location: kansas, hiawatha Casino cash: $10004900	I agree that ugtma accounts are a good way to go. A main difference is with a 529 you will always maintain control of the account whereas with a custodial account (gift to minors) your child will become the owner of the account at 21.
Posts: 398