What are the pros and cons of setting up UTMA and UTGA accounts for US born kid.. I'm on H1B waiting for my turn on the long tail GC queue.. I'm aware general up and down sides of these accounts, but would like to hear the perspective from people who lived in the situation..
Can hold bitcoin in utma. Not in 529. Once kid is older, hire as your employee and start Roth.
Offer Evaluation
Yesterday
536
Meta E5 vs MCOL No Name
Personal Finance
2d
4468
NW: 8.5MM - AMA
Tech Industry
Yesterday
460
Why do the Pakistanis and Bangladeshis worship India and Indian culture?
Tech Industry
9h
842
Is 1.5 mil enough to retire in bay area?
Cars
Yesterday
674
Seriously, why would anyone ever consider buying an EV that isn't a Tesla?
There are tax advantages to a 529. Just do that. If they aren’t using it for education, they should learn to earn the money themselves anyway