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On the day after the election, Nov. 6, X experienced its largest user exodus since Elon Musk bought the platform in 2022. NBC News spoke to six people who have joined or committed to using Threads and Bluesky in place of X after the election because of Musk. In the past five days, Wurtz said people she used to follow on X have started to trickle over to Threads. “I have a private personal account for friends and family and a public account for Taylor Swift, so nobody drowns in my Taylor Swift content,” Polo said. Currently, X users can go to the site’s settings and opt out.
Persons: Elon Musk, Don Lemon, Donald Trump, Musk, Kara Wurtz, Louis, ” Wurtz, , I’m, Wurtz, Wurtz isn’t, Adam Mosseri, Bluesky, , Mosseri, David Carr, X, Polo, Swifties, Taylor Swift, ” Polo, Elon, Rory Mir, ” Mir, José Vilson, “ I’m, ” Laura Sell, Sell, “ It’s, Micah Lee, Dr, Jorge Caballero, ” Caballero, it’s Organizations: Elon, Guardian, NBC, Trump, Twitter, NBC News, Bluesky, Electronic Frontier Foundation, Duke University Press Locations: Similarweb, United States, Canada, Bluesky
Bluesky’s user base has doubled in the past 90 days — on Tuesday the company said it had gained 1 million new sign-ups in the past week alone, bringing it to more than 15 million total users. “X usage is at an all-time high and continues to surge,” X CEO Linda Yaccarino said in a post Wednesday. Bluesky also saw daily visits jump on Election Day and the day after to 1.2 million and 1.3 million, respectively, up from around 800,000 in the days before. On Bluesky, daily users more than doubled from-mid October to the post-election week. In the run-up to the election, Musk spread false and misleading claims about Trump’s competitor, Vice President Kamala Harris.
Persons: Bluesky rocketed, Elon, Musk, Donald Trump, Charlie Warzel, New York Times ’ Mara Gay, Don Lemon, X, White supremacists, Linda Yaccarino, , Similarweb, Bluesky, ” David Carr, we’ve, Ed Zitron, EZPR, Zitron, Mike Isaac, , Trump, MAGA, Kamala Harris, Vivek Ramaswamy, Vladimir Zelensky, Musk’s Starlink, That’s, – CNN’s Liam Reilly, Matt Egan Organizations: New, New York CNN, Apple, New York Times, CNN, Guardian, ” New York Times, Trump, Twitter, “ Department, Government Locations: New York, anecdotally, Bluesky, , Russia
A stranger called the cops, concerned he might be in danger, though he said he was OK.Patterson was charged with reckless conduct. AdvertisementThe sheriff's deputy asked if I knew that my youngest son, Soren, who was about to turn 11, was alone in our downtown area. It turned out he'd walked just under a mile from our house in the woods where he's homeschooled. The deputy wanted to know why he was there, how he got there, and why I didn't know where he was. I was annoyed with Soren for going into town without telling me or other family members first, but I wasn't panicking.
Persons: Patterson, Brittany Patterson, Evander's doctor's, Soren, he'd, we'd, who's, , Josh, They're, David DeLugas, texted, we've, that's Organizations: Dollar, Family, Children Services, Sheriff's, Child Services Locations: Brittany, Fannin County , Georgia, Fannin, Georgia
Whereas cases of the STI in newborns increased by 30% annually in recent years — greatly alarming public health experts — the upward trend has decelerated. San Francisco’s Public Health Department was the first to recommend doxyPEP for gay and bisexual men and trans women, in October 2022. That helped trigger a long decline in condom use among gay and bisexual men in particular. The protocol, called doxyPrEP, demonstrated generally comparable efficacy at preventing STIs compared with doxyPEP studies among gay men. Public health experts have attributed this century’s surge in STIs, at least in part, to a steady defunding of state and local public-health clinics.
Persons: STIs, gonorrhea, Chlamydia, , Laura Bachmann, Julie Dombrowski, Pfizer’s, doxyPEP, MISTR, Jeffrey Klausner, Trump, ” Klausner, Organizations: Centers for Disease Control, Blacks, NBC News, MediaNews, Getty, University of Washington, Public Health Department, CDC, PrEP, Food and Drug Administration, HIV, University of Southern Locations: Seattle, gonorrhea, Chicago, New York, Africa, Puerto Rico, , Munich, Canada, Japan, University of Southern California
CNN —President-elect Donald Trump has selected South Dakota Gov. Kristi Noem as his next secretary of the Department of Homeland Security, according to two people familiar with the selection. Noem will be tapped to take over the agency as two key immigration hardliners — Stephen Miller and Tom Homan — are slated to serve in senior roles, signaling Trump is serious about his promise to crack down on his immigration pledges. With his selection of Noem, Trump is ensuring a loyalist will head an agency he prioritizes and that is key to his domestic agenda. The department saw an immense amount of turmoil the last time Trump was in office.
Persons: Donald Trump, Kristi Noem, — Stephen Miller, Tom Homan —, Trump, Noem Organizations: CNN, South Dakota Gov, Department of Homeland Security, Trump, DHS, Customs, Border Protection, Customs Enforcement, Federal Emergency Management Agency, Service, The Guardian Locations: South Dakota
A London chef sparked online debate when he criticized diners who don't spend much. He told BI it was "very frustrating" and he was being forced to turn away diners who might spend more. AdvertisementA London chef has sparked a debate about the affordability and culture of eating out after he criticized diners who don't spend enough. AdvertisementJames Hacon, a restaurant consultant and industry commentator, told BI that life is tough for London eateries right now. AdvertisementHacon said there were ways to overcome the impact of diners who only want a starter and water.
Persons: Hugh Corcoran, , Corcoran, James Hacon, Hacon Organizations: Service, London, National Insurance, Guardian Locations: London
Matthew McConaughey knows that success can lead to making a lot of money, but the actor says that the two are not the same. But McConaughey said he's looking to make a "profit" in his life rather than in his bank account. They couldn't necessarily say what they were good at, just good dealmakers who made the right calls." McConaughey reportedly turned down a $15 million offer to star in a "Magnum, P.I." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Matthew McConaughey, McConaughey, who've Organizations: Guardian, Dallas Buyer's, CNBC
Hwang Dong-Hyuk, the director of "Squid Game," said the Emmy-winning series caused a lot of stress. AdvertisementHwang Dong-Hyuk, the director of "Squid Game," says he was so stressed while making the first season of the Emmy-winning show that he lost "eight or nine" teeth. The second season of "Squid Game" will be released on December 26, and its third installment is set to be released next year, according to Netflix. That year, "Squid Game" also earned a spot as the most-watched show, with 1.65 billion hours streamed in the first four weeks. In the same interview with BBC, Hwang said that the stress he felt creating the second season of "Squid Game" was "much greater" due to high audience expectations.
Persons: Hwang Dong, Hwang, , wasn't, Guillermo del Toro's, Seong Gi, Lee Jung Organizations: Netflix, Service, BBC, Bloomberg, Guardian, Business, Business Insider
Take workplace life insurance policies, which you can often opt into during open enrollment by simply checking a box. "The biggest mistake I see during open enrollment is people not listing beneficiaries or listing minors as beneficiaries on their workplace life insurance," she says. Be smart about beneficiariesIt's easy to gloss over the life insurance portion of the open enrollment. In the event of your death, the payout on your policy — often the equivalent of about a year's salary — will go to whomever you choose during open enrollment. Her advice to parents of small children: Name your spouse as a primary beneficiary and secondarily leave the money to a trust you have set up for your children.
Persons: Carolyn McClanahan Organizations: Planning
FIFA must halt the process to pick Saudi Arabia as hosts of the 2034 World Cup unless major human rights reforms are announced before the vote next month, Amnesty International and the Sport & Rights Alliance (SRA) have said. A combined bid of Morocco, Spain and Portugal is the sole bid for 2030, while Saudi Arabia is the lone bidder for 2034. Amnesty and the SRA said they had evaluated the human rights strategies proposed by the bidding countries and concluded in a new report that neither bid adequately outlined how they would meet the human rights standards required by FIFA. “FIFA is implementing thorough bidding processes for the 2030 and 2034 editions of the FIFA World Cup,” a FIFA spokesperson said. However, it narrowly failed to win a seat on the United Nations Human Rights Council last month.
Persons: Steve Cockburn, Amnesty’s, , , Hammad Albalawi, Cockburn, ” Cockburn Organizations: FIFA, Amnesty International, Sport & Rights Alliance, FIFA Congress, Amnesty, ” FIFA, Saudi, Britain’s Guardian, United Nations Human Rights Locations: Saudi Arabia, Morocco, Spain, Portugal, Australia, New Zealand, United States, Mexico, Canada, Brazil, Kingdom, Saudi, Qatar, Gulf
“I kind of paddled down into the shark pit and had a moment, and I was just sitting there,” he said. Borrego is known around the world for his research on sharks and his treatment of shark attack victims. “Every one of the boys has been bit,” Cole explained. “You’re gonna put yourself in danger.”Cole’s advice to surfers who would prefer to forgo shark incidents is simple: “Surf beaches. “I’m not gonna … Everything’s fine.”According to the Florida Museum, surfers and those participating in board sports accounted for 42% of shark attack incidents in 2023.
Persons: Cole Taschman, Cole, , , Hunter Roland, Zach Bucolo, Ana Peci, ” Peci, ” Cole, , Robert Borrego, Ibrahim Jabbour, Cole Taschman's, Thomas Cordy, Borrego, I’ve, “ You’re, You’re, “ I’m, Bethany Hamilton, that’s, it’s, She’s, Peci, ” Jordan Schwartz, It’s Organizations: CNN, Atlantic Coast, … I’m, Cleveland Clinic Martin North Hospital, Mary’s Medical, Surgeons, USA, Florida Museum, OH Boy Locations: Stuart , Florida, Stuart, St, Mary’s, West Palm Beach
London Associated Press —A children’s book written by British celebrity chef Jamie Oliver has been withdrawn from sale after it was criticised for causing offense to Indigenous Australians. “Together with my publishers we have decided to withdraw the book from sale.”Indigenous campaigners were particularly aghast that neither Oliver nor his publishers, Penguin Random House, had consulted with them before the novel was published. Jamie Oliver's new book Billy and the Epic Escape. Joe Giddens/PA Wire“It is clear that our publishing standards fell short on this occasion, and we must learn from that and take decisive action,” the publisher said. Oliver released his first children’s book, “Billy And The Giant Adventure,” last year and said in a social media post that he had “carefully chosen the font to make sure the text is as clear as possible” as dyslexic people like himself can find it hard to read.
Persons: Jamie Oliver, Billy, Oliver, , , Jamie Oliver's, Joe Giddens, ” Oliver Organizations: London Associated Press, Australians, Guardian, National Aboriginal, Torres Strait Islander Education Corporation, Nations, Penguin Random Locations: British, , Australia
Australia plans to ban social media for users under 16, Prime Minister Anthony Albanese said. AdvertisementWith young people using social media more than ever, and those social media companies perfecting the algorithms that keep them engaged, concerns about social media addiction are taking root all over the world. Now, Australia wants to ban social media for everyone under 16. Australia's social media ban will be introduced into Parliament during its final session this year, which begins on November 18. If passed, social media companies will have 12 months to figure out how to keep minors off their apps before the law is enforced, he said.
Persons: Anthony Albanese, , " Albanese, Albanese, Jackie Hallan, Hallan, they're, Antigone Davis, Davis Organizations: Service, Australian, TikTok, Guardian, Reuters, Associated Press Locations: Australia, United States, Kentucky
A Texas man charged with manslaughter after hitting the mother of his 1-year-old child with his car will retain his parental rights, a judge has ruled. On Monday, a Randall County Judge ruled in a separate case that he can keep his parental rights over his 1-year-old child with Torres. However, on Monday, Judge James W. Anderson rejected the bid to terminate DeLao's parental rights, the outlets reported. “The judge refused to terminate his parental rights,” Quackenbush told NBC News. “There’s no intention on the part of the court system to take away his parental rights at all now or in the future.
Persons: Ulise DeLao, Brittany Torres, Torres, DeLao, Randall, Jesse Quackenbush, Jaqueline Sanchez, Torres ’, Judge James W, Anderson, , ” Quackenbush, , they’ve, Quackenbush, Potter Organizations: Canyon Police, ABC, NBC, NBC News, Marine Corps Locations: Texas, Canyon , Texas, Randall County, Randall County , Texas, Armstrong
"Until I Kill You" is about Delia Balmer's relationship with the so-called Scalp Hunter killer, John Sweeney. Advertisement"Until I Kill You" tells the story of a nurse who survived being attacked by her ex-boyfriend, a serial killer known as the "Scalp Hunter." ITVXAs seen in the series, which is based on Balmer's book, Sweeney and Balmer started dating in the early 1990s. Sweeney went on the run and remained at large for six years until February 2001. Police arrested him in London and he was given four life sentences for attempting to kill Balmer.
Persons: Delia Balmer's, John Sweeney, Balmer, Sweeney, , Netflix's, Shaun Evans, Delia Balmer, Anna Maxwell Martin, It's, Melissa Halstead, Paula Fields, Halstead, Justice Saunders, ITVX Balmer, I've, I'm Organizations: Service, ITV, Police, Advertisement Police, Guardian, BBC Locations: British, Amsterdam, Rotterdam, London, Leicestershire, Regent's Canal, Camden, Switzerland, Fields
He has given more than $118 million to a pro-Trump super PAC and hit the campaign trail to stump for Trump in Pennsylvania. CCDH’s research is based on an analysis of publicly available data from X about Musk’s own posts and spending by political campaigns to promote ads on the platform. The nonprofit tallied up how many views Musk received on 87 specific posts that contained false claims about the 2024 election that were debunked by fact-checkers. The 2024 election is the first presidential cycle with the platform under Musk’s control since his takeover of the company formerly known as Twitter two years ago. Based on that information, Ahmed’s group determined that Musk’s election-related posts – boosting Trump and slamming Vice President Kamala Harris – were worth about $24 million.
Persons: Elon Musk, Donald Trump, Musk, Kamala Harris, Harris, , Elon Musk’s, ” Imran Ahmed, Ahmed, X, ” Ahmed, it’s, Kamala Harris –, Organizations: Washington CNN —, SpaceX, Trump, PAC, Center, CNN, Democrats, Elon, Twitter, Guardian Locations: Trump, Pennsylvania
And before you ask, no, he doesn't feel bad about it, especially when he pilfers from Whole Foods. AdvertisementBut there's also a lot we don't know about retail theft. "No, I don't feel bad about stealing from Jeff Bezos," one 20-something occasional shoplifter in Washington, DC, told me. "It doesn't feel like a world in which I can really get by and build a life very easily anymore, " he said. Advertisement"If most of this is happening in Walgreens and Walmart and places like that, I don't know, is it a problem?"
Persons: Carson's, he's, Carson, He's, shoplifts, Jeff Bezos, there's, it's, Joshua Jacobson, California who's, , that's, Ernesto Lopez, they've, Jeff Prusan, Joe Schmoes, they're, Keith, shoplifter, That's, Donovan, Donovan's, snagging, she's, Jacobson, Jeff Bezos isn't, David Johnston, we're, hasn't, Emily Stewart Organizations: Walmart, Foods, Amazon, National Association of, Criminal, Atlantic, Depot, Target, Guardian, National Retail Federation, Business Locations: New York, California, Washington ,, Atlanta, Texas, Illinois, Walgreens
America PAC has been tasked with much of the pro-Trump canvassing operation as his campaign focuses its efforts on a more limited effort targeting so-called low-propensity voters. “I know it’s been flagged for America PAC that this has been transpiring,” an operative formerly on the effort said. As some of that data spilled into public view last month, an operative close to the effort said: “All hell has broken loose” inside the PAC. Through late October, America PAC had spent upward of $54 million on Blitz’s services, according to Federal Election Commission filings — more than the PAC has on the three other vendors combined. America PAC ended its relationships this summer with two other prominent GOP-aligned canvassing firms that were knocking on doors as part of its effort.
Persons: they’re, Donald Trump’s, Trump, canvassers, ” Drew Ryun, Chris Turner, Jefferson Thomas, Josh Penry, Jon Seaton, , ‘ There’s, Ron DeSantis ’, Elon Musk, Phil Cox, “ isn’t, Turner, Thomas, Penry, Seaton, baselessly, , ‘ Donald Trump, ’ ‘, it’s, Alysia McMillan, I’ve, “ We’re, we’ve, Helene, , “ I’m, David Plouffe, Kamala Harris ’, “ Elon Musk, Elon Organizations: Republican, Elon, America PAC, NBC News, Trump, NBC, telltale, PAC, Patriot Grassroots, Synapse Group, Echo Canyon Consulting, Florida Gov, Musk’s, America, Patriot, Synapse, . America PAC, GOP, Blitz, The Guardian, Reuters, , CNN, Nelk Boys YouTube Locations: Nevada and Arizona, Florida, Nevada , Michigan, Arizona, North Carolina, . In Nevada, America, Nevada, , Wisconsin, Iredell County, Charlotte
Salma Hayek Pinault told the Wall Street Journal that she and her husband keep their finances separate. Many young couples are also choosing to keep their finances separate rather than having joint accounts. AdvertisementSalma Hayek Pinault said she and her husband, François-Henri Pinault, the billionaire CEO of Kering, keep their finances separate. Hayek Pinault told The Wall Street Journal in an interview published Tuesday that she did not sign a prenup, unlike many high-net worth individuals do before they marry. That was compared to 24% of Gen Xers (aged 44 to 59) and 16% of baby boomers (aged 60 to 78).
Persons: Salma Hayek Pinault, Henri Pinault, , François, Hayek Pinault, Gucci, Balenciaga, Alexander McQueen, Saint Laurent, Hayek, Salma Hayek, Vittorio Zunino Celotto, Gen Zers, Gen Xers, millennials, ERIC PIERMONT, Gillian Coote, Coote, It's, Jen Glantz Organizations: Wall Street Journal, Service, The Times, Wall Street, Bank of America, Baby Boomers, Getty, Coote Family, Guardian, Business Locations: London, AFP, New York City
AdvertisementThis as-told-to essay is based on a conversation with Peter Warwick, the CEO of Scholastic based in New York City about his daily routine. I became president and CEO of Scholastic in August 2021 after serving as an independent director on its board since 2014. I read The New York Times, Wall Street Journal, and Financial Times for world, political, and business news. Scholastic Inc.Outside Scholastic office visits, I attend important conferences related to publishing and education, such as the Frankfurt Book Fair in October. Scholastic Inc.As we wind down at the end of the day, Helen and I solve The New York Times "Connections" puzzle together before heading to bed.
Persons: Peter Warwick, Warwick, , It's, I've, I'm, Helen, it's, Underpants, Captain Underpants, Jane Zhang Organizations: Scholastic, Service, Thomson Reuters, Pearson, New York Times, Wall Street Journal, Financial Times, English Premier League, Arsenal, The Guardian, London Times, Daily Telegraph, Village, Scholastic Inc, Scholastic HQ, Warwick Locations: New York City, The, Hudson, Greenwich Village, SoHo, Clifford's, Cumberland, Assam, Warwick, New York, Jefferson City , Missouri, Frankfurt
Afghan women are forbidden from praying loudly or reciting the Quran in front of other women, according to a Taliban government minister. It’s the latest restriction on women following morality laws that ban them from raising their voice and baring their faces outside the home. Nobody from the Vice and Virtue Ministry was immediately available Wednesday to clarify the official’s remarks or confirm if the prohibition would also become part of the morality laws. Afghan provinces are already barring the media from showing images of living things, another controversial and widely criticized feature of the morality laws. The Taliban set up the ministry for the “propagation of virtue and the prevention of vice” after seizing power in 2021.
Persons: baring, Khalid Hanafi, Allahu Akbar, Organizations: Virtue Ministry, Sunday, Virtue, Taliban Locations: Logar
Chief among them, the person the outgoing president tapped to replace him on the ticket, Vice President Kamala Harris. “People understood that if you didn’t choose Kamala Harris, you’d have a big problem with your base voters,” Etienne says. He’s had plenty of women who worked for him over the years, but there was no one who looked like Kamala Harris and there was no one in a position of authority. Vice President Kamala Harris and Minnesota Gov. Elijah Nouvelage/AFP/Getty ImagesComing Thursday: How cat people are still haunting Trump’s campaign
Persons: Joe Biden, Donald Trump, Read, ” Joe Biden, CNN’s MJ Lee, Nancy Pelosi, Biden, Lee, , , Pelosi, “ America’s, Evan Vucci, Trump’s, Team Trump, “ Trump, unpleasantly, Tim Alberta, NPR’s Michel Martin, Kamala Harris, “ Joe Biden’s, California’s Gavin Newsom, Michigan’s Gretchen Whitmer, J.B, Pritzker, Kentucky’s Andy Beshear, Maryland’s Wes Moore, Pennsylvania’s Josh Shapiro, Sens, Amy Klobuchar, Joe Manchin, Pete Buttigieg, Harris, ” Lee, Ashley Etienne, Barack Obama, you’d, ” Etienne, Trump, Harris ’, , “ Kamala, I’ve, Ron Bieber, cheaters, Donald Trump’s, “ We’re, Kevin Mohatt, CNN’s Kristen Holmes, CNN’s Phil Mattingly, Van Jones, he’s, Rachel Scott, Vincent Alban, Obama, Hillary Clinton, Lyin, Kamala ”, Etienne, Treene, Jeff Zeleny, detests Biden, viscerally detests, He’s, Tim Walz, Ohio Sen, JD Vance, Walz, ” Vance, Vance, Brendan Smialowski, CNN’s Edward, Isaac Dovere, Beyoncé’s, Roe, Wade, smirking, Elijah Nouvelage Organizations: CNN, Guardian, White, Republican National Convention, Team, Trump, Governors, Democratic National Convention, Naval, Democratic Party, Harris, Biden, Democratic, AFL, National Association of Black Journalists, ABC, Howard University, Minnesota Gov, Marine, Army National Guard, United States Marine Corps, Ohio Republican, Arlington National Cemetery, Pentagon, Getty, Republicans, , Fox News, ABC News Locations: Wilmington, Delaware, Atlantic, Michigan’s Gretchen Whitmer , Illinois, Minnesota, West Virginia, Michigan, Wisconsin, West Allis , Wisconsin, Trump, Jamaica, India, United States, Iraq, United States of America, Afghanistan, Philadelphia, AFP, Roe, Alabama, Atlanta
Hollie Adams | Afp | Getty ImagesBritain's Labour government appears poised to raise "sin taxes" in its highly anticipated October budget as it seeks to cash-in on lucrative industries to bolster Treasury revenues. Among a litany of measures, including a major change to the government's fiscal rules, Reeves is reported to be considering a sin tax raid. "Sin stocks are a good place to start. Shares of London-listed gambling stocks fell sharply on the news. A Treasury spokesperson was not immediately available to comment when contacted by CNBC about the prospect of sin taxes in the budget.
Persons: Keir Starmer, Rachel Reeves, Hollie Adams, Reeves, Michael, Britain's, William Hill, Paddy Power, Chris J, Ratcliffe, Bruce Morley, Morley, Morningstar's, Field, Alishia Abodunde Organizations: Britain's, Labour, Afp, Getty, Finance, Michael Field, Morningstar Analysts, Morningstar, CNBC, Guardian, London, Entain Plc, Bloomberg, Department, Environment, Food, Rural Affairs, Treasury, University of Bath, Imperial Brands, American Tobacco, Government Locations: London, Michael Field Europe, Europe, crosshairs, U.S, England, vapes
"Territory" is a new Netflix drama series about the fight for a cattle station in Australia. Here's everything we know about a potential season 2. Netflix's answer to "Yellowstone" has arrived in the form of a new drama series with sweeping views of Australia and a family's fight to preserve their legacy. With comparisons to successful shows like "Yellowstone" and "Succession," and a solid debut on Netflix, "Territory" could have longevity on the streamer. The finale ends with Colin giving Graham and Emily the keys to the house, alluding to them becoming the new successors — meaning there's plenty more to explore in a potential season two.
Persons: , Timothy Lee, Ben Davie's, Daniel Lawson, Jake Ryan, Kevin Costner, Sam Corlett, Marshall Lawson, Kylah, Sharnie Kennedy, Sam Delich, Rich Petrakis, Taylor Sheridan, John Linson, Harrison Ford, Helen Mirren, Michelle Pfeiffer, Michael Dorman, Graham Lawson, Susie Lawson, Philippa Northeast, Graham, Emily Lawson, Anna Torv, Lachie Kirby, Joe Klocek, Susie, Sandra Kirby, Sara Wiseman, Sandra, Susie isn't, Colin Lawson, Robert Taylor, Colin, Emily Organizations: Netflix, Service, Marianne, Paramount, Netflix Netflix, Hollywood, Guardian, Sheridan Locations: Australia, Territory, " Territory, Montana, Madison
Instead of going with 529 plans, we went with UTMA custodial accounts instead; here's why. Here's why we decided UTMA accounts were best for our family situation. UTMA accounts are flexibleWhile 529 plans must be used for education-related expenses, the options for UTMAs are much broader. Like 529 plans, UTMA account contributions are post-tax, meaning that income taxes have already been paid on the money being deposited. AdvertisementWe realize 529 plans would give us more direct control over our children's spending, but sooner or later, they're going to have to grow up.
Persons: , Andy Esser, Edward Jones, Esser, that's, haven't, We're Organizations: Service, Business
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