Fredrick discusses educational investment accounts such as the 529 College Savings Plans, 529 Prepaid Plan and the Coverdell Education Savings Account (ESA). He then moves onto investment accounts for kids; here he discusses the Uniformed Gift to Minors Act (UGMA) Account, the Uniformed Transfer to Minors Act (UTMA) Account and the Custodial IRA. Finally, he answers the question... "Do you need and Financial & Tax Advisor?" If you are looking towards saving and investing for the benefit of your children, this episode is for you! #GetRealWoke #ForTheFree #ForTheFree Friday #RealWokeCommunity https://fredrickdscott.com
