Saving Money for Your Child: Custodial Accounts vs 529 Plans with Ro$$ Mac

Financial educator Ro$$ Mac explains the differences between custodial accounts and 529 plans when saving money for your child. Watch the video to learn about the pros and cons of these two types of accounts. Ro$$ Mac is a financial literacy champion, former Wall Street professional, and entrepreneur (as well as a musician and philanthropist) and who focuses on simplifying the often confusing world of finance. About SoFi: A finance company that can help you get ahead. Get Your Money Right® with SoFi. Connect with SoFi: Subscribe to SoFi on YouTube: https://www.youtube.com/channel/UCuoYE0bfkZCwaspBVQ59jfQ?view_as=subscriber?sub_confirmation=1 Like SoFi on Facebook: https://www.facebook.com/SoFi/ Follow SoFi on Twitter: https://twitter.com/SoFi Follow SoFi on Instagram: https://www.instagram.com/sofi/ Follow SoFi on LinkedIn: https://www.linkedin.com/company/sofi/