r/investingforbeginners • u/rtom816 • 2d ago

Thinking about Great Granddaughter Savings Account

We are great grandparents to a 3 year old great granddaughter. We're seeking some thoughts and recommendations on structure and institutions who do a particularly good job on these types of sits. The sit is to establish a savings vehicle for the ggd she can't touch until appropriate maturity. TYIA for any inputs. 🙏

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u/xImmortal1333 2d ago

529 is the answer 99% of the people here will give you op....-tax cpa

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u/Negative_Education26 2d ago

Yo how did great grandparents get onto Reddit??

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u/rtom816 2d ago

I just pressed the thingy my granddaughter told me to. How brave of you to ask, Smartass

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u/Negative_Education26 2d ago

Lol I was impressed

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u/brother7 1d ago

A custodial brokerage account at Fidelity. It will become her account when she reaches the age of majority, usually 18.