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investing for Great-grandchild

By Terry Savage on October 19, 2020 | College Savings / Student Loans

What fund/investment / savings’ bond, T- bill would you suggest for an infant? I don’t want to buy clothes that she’ll outgrow in 2 months. I’l leave that to Grandma. Christmas is coming. I want to spend about $100. and add to that for birthdays etc. Thank you..

Terry Says

First, congratulations on being a GREAT grandparent! What an accomplishment. Ask the parents if they have opened a 529 college savings plan for the baby. You can contribute to that whenever you want. If they don’t know about this type of plan, show them this article.

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