[Heather]

Looking for something that will grow over the years.

Thank you in advanced

[Jonathan]

529s are a great option. Especially since they made it where kids that don’t need them can roll them over into a Roth IRA (check out the rules, it’s not as simple as it sounds).

Don’t miss: Now that my debt is paid off – who knows of a good 529 account for my kiddo? Or something else better?

[Jon D]

I started 529’s for mine. I went with the one in Utah because they had a lower fee and seemed to have a slightly better return. CA didn’t offer any incentive which is why I didn’t use the CA so check your states benefits.

[Shawn]

M1 seems to make it pretty easy to manage custodial accounts. My state offers tax deductions for 529 plans. But those aren’t perfect if your grandson won’t be college bound. With him not being born yet I personally like flexibility. It’s just hard to know what he might want to use the money for in 18 years.

[Stephen]

Separate savings account and look into homeschooling. Opening the world to them is worth more than any tax advantaged account can ever offer.

Explore these too: Thoughts on how to handle RSUs?

[Author]

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