Which investment option is best for children's education and long-term savings: 529 College Plan, Minor Savings Account, IRA, or Brokerage Account? | Parent and Child Investment Strategy | Dad's Investment Ideas
Explore the best investment methods for your kid's future! The four most popular investments for your kid's future education fund: ► 529 College Saving Plan ► Minor/Custodial Saving Account ► Simple/Roth IRA Account ► Regular Brokerage Account #Investdad #kidinvestment #parent... ( read more )
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As parents, we have a responsibility to ensure our children have a bright future, and part of that includes setting them up for success when it comes to their education and financial well-being. One way to do this is by starting investment accounts for our children - but which option should we choose? Should we open a 529 College Plan, save through a minor savings account, or consider an IRA or brokerage account for our kids? Let's take a closer look at each option. A 529 College Plan is specifical...