At a glance
- A 529 university discounts plan can support you access your schooling discounts aim.
- An UGMA/UTMA is a taxable account you can open on behalf of a slight.
- A taxable account, these kinds of as an specific or a joint account, can support you save for other goals like obtaining a dwelling, obtaining a car, or saving for a family vacation.
You listen to a large amount about saving for retirement these days, but which is almost certainly not your only expenditure aim. With the suitable setting up, it is doable to save for several goals.