Ask Terry Questions children or grandchildren investment accounts

children or grandchildren investment accounts

By Terry Savage on November 06, 2025 | College Savings / Student Loans

What is the best way to set up an investment account for a child/grandchild that both parens and grandparents can add to?

Terry Says

You need to open a 529 College Savings Plan — where all the money grows tax-free for college, and anyone can add contributions. REad this: https://www.terrysavage.com/the-gift-of-college-529-plans/

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