Savings for children
Our grandson is going to be baptized what can we do savings why for him instead of money or a gift?
Terry Says
Does he have a SS number? Most babies do!
Ask the parents.
Then two suggestions:
1. Buy a Series I US Savings Bond for him. Check my column on I-bonds recently posted for details.
2. Open a 529 College Savings Account, and gift more money every birthday or event. Search my co,um s for 529 Accounts. Or go to www.SavingforCollege.com to learn more.