Saving for your child’s education feels straightforward at first. Set money aside, let it grow, use it later. Simple enough.

A Saturday afternoon call for a water rescue in the village of Doolittle ended in tragedy when a person was found to have ...

Morgan Stanley at Work today issued new data from its sixth annual State of the Workplace Financial Benefits Study. The research reveals workplace financial benefits are a powerful driver of employee ...

A custodial account may be one of the best gifts a child can receive. New teen-owned brokerage accounts offer more options.

Clark Howard advised consolidating Coverdell Education Savings Accounts into 529 plans, calling the Coverdell “a successful failure” that has become irrelevant compared to the 529’s tax and ...

The Coverdell ESA and the 529 both grow tax-free and allow tax-free withdrawals for qualified education expenses, but the differences are meaningful. Rolling Coverdell ESA funds into a 529 plan is tax ...

Many parents and grandparents wanting to save for children's education have heard of 529 college-savings plans. But did you know about the Coverdell education savings account (ESA)? And which is ...

Who's this for? Adults can open a Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minors Act (UTMA) custodial ...

David Dierking has 20+ years of experience in the investment services industry. He is a contributing writer for a half dozen investment websites. Ebony Howard is a certified public accountant and a ...