Episode 164 (Yiddish): Important to Do This for Your UGMA Account

In this week’s lecture, I talk about how to legally reduce the amount of taxes you may owe when taking money out of a UGMA account. I explain why understanding the tax rules is important, what to be aware of when withdrawing funds, and how proper planning can help avoid unnecessary taxes. This lecture is meant to help you make smarter, informed decisions with your UGMA account.