UNest is an app that helps you save for your child’s future.
When UNest was founded, it focused on 529 Savings Plans, a common type of tax-advantaged account designed to help you save for future college expenses on behalf of a beneficiary. However, while 529 plans offer a lot of tax advantages, they are restrictive.
That is why in 2020, UNest made the switch from offering 529 plans to Uniform Transfers to Minors Act (UTMA) accounts.
These types of accounts still offer some tax benefits but provide more flexibility on how money can be used in the future.[Read more…] about UNest Review: Invest for Your Kid’s Future