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UTMA
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UTMA UGMA
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investopedia.com
UTMA/UGMA 529 Plan: Definition, Pros & Cons vs. Traditional 529
An UTMA/UGMA 529 plan is a college savings account funded with money from a Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA) account.
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