It’s never too early to start planning for a kid’s financial future. (Heck, considering the way tuition costs keep rising, it can feel like we’re all behind.) But as one Motley Fool Answers listener discovered, acting in haste as you set up your child’s investment accounts can mean getting tripped up in the mire of excessive fees.
In this segment of the podcast, host Alison Southwick and her special guests — Motley Fool senior analyst Jason Moser, and Ross Anderson, a certified financial planner at Motley Fool Wealth Management — discuss Uniform Gifts to Minors accounts, A-share mutual funds, C-share funds, 12b-1 fees, 529 accounts, and warning signs that it might be time to reassess your relationship with your financial advisor.
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