Why I'd say no to UTMA

UTMA is children's asset, it affect college financial aid application more than other accounts.  Children's asset is calculated at 20% rate, while parent's asset (529 and Coverdell) are calculated at 5.64%. 

Also when children turns 18 (or 21, depends on states), the money goes to the child, you can't tell him how to spend it. 

I'd stick with 529 and Coverdell for educational purpose. 

所有跟帖： 

• 没错，如果从要拿助学金的角度，那就用前两个。我是在前两个放满之后，放了写钱在UTMA，然后教儿子怎么投资。 -hhtt- ♂ (0 bytes) () 08/09/2019 postreply 06:18:52

• 到了儿子18岁时，那账户里有三万五，交给了儿子后，一年半，他把那账户炒到十二万，以后有机会讲讲这事。 -hhtt- ♂ (0 bytes) () 08/09/2019 postreply 06:21:40

• 这样的儿子，不用去上大学了，呵呵 -柠檬椰子汁- ♂ (0 bytes) () 08/09/2019 postreply 06:28:50

• 这样的儿子真是聪明和运气兼备的！ -红石榴花- ♀ (0 bytes) () 08/09/2019 postreply 12:05:25

• 问题放在聪明人堆里讨论就是好，优缺点立竿见影！ -红石榴花- ♀ (0 bytes) () 08/09/2019 postreply 07:08:12