Saving for My Child’s Future: 529’s vs. Minor Brokerage Accounts (UTMA)

Peter Mallouk Portrait

Peter Mallouk

Peter Mallouk and his guest, Don Recker, discuss common options for saving for your child’s future. They review Uniform Gift to Minor Accounts (UTMA) and 529 College Savings Plans: focusing on contributions, taxes, and how to decide which account may be best for your situation. Listen in as we explore these topics in greater detail.

The 411 on 401(k), hosted by Creative Planning President Peter Mallouk and the Creative Planning 401(k) advisory team, is an informed discussion aimed at answering the many questions participants may have about their retirement accounts. Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future.

Let’s Talk

Find out how Creative Planning can help you maximize your wealth.

More Episodes

Keeping Our Balance

This month, Peter Mallouk and Jonathan Clements offer their take on the classic 60/40 portfolio, discussing the relative merits of bonds, U.S. stocks and international shares. Plus, learn how timing your charitable donations can potentially result in a larger tax break.

7 Tips for Taking Control of Your Finances

This week John shares important steps we should take to get control of our finances and reap the benefits of effective money management. He also talks with Creative Planning Investment Manager and Chartered Financial Analyst® Kenny Gatliff about what to be aware of when investing this year. Plus, should we be rethinking the saying “it takes money to make money”?

8 Actions to Take for a Financially Savvy 2023

With the markets still fluctuating and inflation still high, John outlines eight steps you can take for a financially savvy 2023. He’s also joined by fellow Creative Planning Wealth Manager Carlos Lopez, who shares key takeaways for investors from last year’s market volatility — and how you can apply these lessons to your 2023 investing strategy.

Read more about keeping your financial plan up to date:
https://creativeplanning.com/insights/new-year-new-goals/

“Your wealth works harder when it works together.”

Peter Mallouk

President & CEO, Creative Planning

Serving Clients Nationwide

U

Please Enter Valid Zip Code

50

STATES & ABROAD

Providing financial peace of mind across the globe

$225

BILLION

Combined assets under management & advisement as of December 31, 2021