UTMA - A Possible 529 Alternative

<p>When it comes to saving money for your child, you have several options - depending on what you are trying to accomplish. For parents that college isn't the primary focus you may want to consider opening an UTMA account (Universal Transfer to Minors Act). Kim Dyer will talk you through exactly what that means and how an UTMA works compared to a 529 colleges savings account.</p>