We understand that children are your most important asset and with education costs continually rising, saving for their future is challenging. FAM Funds offers various ways to save for school from typical education accounts to savings accounts.
Education Savings Accounts
Coverdell Education Savings Account (ESA)An account which can be set-up by an individual or business to save, potentially tax-free, for a minor’s education expenses.
Uniform Gifts to Minors Act (UGMA) Account &Acts that allow minors to own property such as securities. For parents, grandparents or anyone who would like to set up an investment account for a minor.
Uniform Transfers to Minors Act (UTMA) Account