Comparing Savings Accounts for Children
Overview
Saving for a child's future isn't limited to one account type, and the differences between options matter more than they first appear, especially around who ultimately controls the money and when.
A 529 plan and a custodial brokerage account, for example, can both fund education, but they behave very differently once the child becomes an adult.
What this checklist covers
- 1UTMA/UGMA accounts
- 2529 plans
- 3Permanent life insurance
Common questions

Get the full education funding checklist
Account options, trade-offs, and aid implications in one page.
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Sourced from a licensed fpPathfinder reference guide. Page copy is original summary content.



