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Reply to "If your kids have UTMAs"
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[quote=Anonymous][quote=Anonymous]honestly i just don't see to point in contributing to these accounts. not worth the hassle for how low the contribution limit is. [/quote] ??? The contribution amount is basically unlimited if you’re creative. A $180,000 balance of all VTI in a UTMA turns off ~$2,700 in dividends yearly which is taxed at 0% under current law.[/quote]
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