Opening a savings account for a child can be as basic as opening a traditional savings account that accumulates interest over time. But not all custodial accounts are created equal—and you have an array of savings account options. As with any financial undertaking, your priorities will determine...
Having a separate 529 plan for each of your children can be the right move for some people, especially if your children are close in age. While you can change the beneficiary of an account to your second child in the future, you can’t get money for each child simultaneously. Here are ...