This presentation compares two popular savings options for education and minors: the 529 College Savings Plan and the Uniform Transfers to Minors Act (UTMA) / Uniform Gifts to Minors Act (UGMA) accounts. We'll explore their key features, benefits, and considerations to help you make an informed decision about which option best suits your financial goals.

On December 23, 2022, the US House of Representatives passed the Consolidated Appropriations Act of 2023. The spending bill authorized roughly $1.7 trillion in new Federal spending and included the SECURE Act 2.0.