Move over matching PJs—this year, give them a gift they won't outgrow. In fact, a kid's investment account can actually grow with them, helping them achieve their future dreams.
See terms & conditions here
Open a new account for your child by 12/31, and we'll match the first amount you put in, up to $50!
AS SEEN IN:
A kid’s investment account is a financial tool that allows parents to invest on behalf of their children
More than just tuition
You can use this account to pay for educational costs, and your kids can also use it in the future for anything else!
Hands-off investing
We’ll help you determine your risk tolerance and select the portfolio that works best for your child.
Tax advantages*
You may be able to keep more money in your child’s account.
See our FAQ’s below for details.
Personalized gifting
Share your child's unique gifting code and say goodbye to broken toys or clothes they’ll outgrow.
We’ll help you determine your risk tolerance and select the portfolio that works best for you and your child.†
We'll use the information you provided to get your account ready.†
Automatic monthly contributions make it easy to be consistent. You could contribute as little as $1/day, which adds up over time.†
Track your child’s account with our intuitive dashboard. Schedule contributions, give them a gift, or edit their portfolios, all in one place!†
One account for today and tomorrow
USE IT TODAY
Buy school supplies
Send them to summer camp
Pay for sports equipment
Most child-related expenses
PLAN FOR TOMORROW
Pay for college expenses
Buy a car
Pay for a wedding
...and anything else!
Tired of broken toys and clothes they'll never wear? Ask your friends and family to give a gift toward your child's future instead!
Each account comes with a unique, shareable gifting link. That's sure better than more clutter!
Gifts from others are excluded from the $50 matching promotion.
Unlike a 529 plan, which is restricted to qualified education expenses, a UGMA investment account can be used for anything that benefits your child—no matter if it’s when they’re minors, in college, or beyond.
UGMA INVESTMENT
ACCOUNT
529 PLAN
Education
Sports uniforms
Art supplies
First car
Wedding
First car
Retirement
CAN I HAVE BOTH?
Yes! Having both a 529 and a UGMA investment account is a great way to set your child up for financial success at any stage of their life.
Accounts will transfer to your child when they reach an age of majority (varies by state, typically 18-21 years old).
Asset management
Portfolios are managed by our SEC-registered partner, Fort Washington Investment Advisors, with 30 years of experience and $82.1 billion under management.§
Flexible portfolios
We’ll help you determine your risk tolerance and select the portfolio that works best for your child. Change at any time to adapt to your child’s life stage.
Security and privacy
Custodial accounts are SIPC-insured up to $500,000. We also use bank-level security and encryption to protect your sensitive information.
2024 Holiday Promotion Terms & Conditions
Updated Dec 9, 2024
The Promotion
Beginning on Dec 1, 2024 12:01AM EST and ending on Dec 31, 2024 11:59PM EST (the “Promotion Period”), if you open a UGMA account with Fort Washington Investment Advisors (“Fort Washington”) on the Fabric by Gerber Life platform (“FBGL”) and set up a contribution, Fabric will match your first contribution up to $50. Only the custodian’s first contribution (first recurring or one-time contribution) will be matched, and the amount will be deposited into your new UGMA account 7 days after your first month’s administrative fee has been paid. This promotion is limited to new custodians who open a new UGMA account during the Promotion Period, and is only applied to the first account opened. This promotion is provided by FBGL, as solicitor for Fort Washington.
Eligibility
To be eligible for this promotion, you must (1) be a new custodian; (2) open one new UGMA account; (3) complete the setup of your UGMA account with a linked bank account; and (4) the UGMA account has remained open and is in good standing with FBGL at all times from account opening until the contribution match has been deposited.
To qualify as a new custodian, the user of the UGMA account must not have previously opened a UGMA account with Fort Washington on FBGL. FBGL defines a UGMA account in good standing as an account that (1) has not been suspended or had suspicious or fraudulent activity, as determined by FBGL in its sole discretion; (2) has a minimum account balance of $20; (3) has paid all administrative fees. If an account has not remained in good standing, the account will not be eligible for the contribution match.
This promotion is not valid in conjunction with other promotions or promo codes. Employees of Fort Washington, FBGL and any of their affiliates are not eligible for this promotion.
Additional Information
This promotion is a limited time offer. FBGL reserves the right to restrict, revoke or change this offer at any time at its discretion. FBGL is not responsible for any failure on your part to maintain your account in good standing or otherwise meet standards for qualifying for this promotion.
§ Assets under management are $86.3 billion as of 9/30/2024.
* Fabric by Gerber Life and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
† For illustrative purposes only and should not be construed as investment advice.
© 2024 Gerber Life Agency, LLC
Fabric by Gerber Life is a brand of Western & Southern Financial Group, Inc. Western & Southern Financial Group, Inc. is the parent company of Fort Washington Investment Advisors, Inc.
Investment advisory services tied to the Fabric by Gerber Life platform are provided by Fort Washington Investment Advisors, Inc., an SEC registered investment adviser. Registration as an investment advisor does not imply any level of skill or training. Custody, brokerage, and clearing services are provided by Apex Clearing Corporation, a registered broker-dealer and member FINRA/SIPC. As a member of the Securities Investor Protection Corporation (“SIPC”), funds are available to meet customer claims up to $500,000, including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, contact SIPC at (202) 371‐8300 or visit www.sipc.org. Please consider your objectives before opening an investment account. Investments in securities involve the risk of loss. A diversified portfolio does not ensure a profit or protect against a loss. Past performance does not guarantee future results.
Plan like a parent. is a trademark of Fabric Technologies, Inc.
Gerber Life is a registered trademark. Used under license from Société des Produits Nestlé S.A. and Gerber Products Company.
In the State of California, Gerber Life Agency, LLC is known as and does business as Gerber Life Insurance Agency, LLC.
