The Stacking Benjamins Podcast
The Greatest Money Show On Earth
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Good morning Joe and OG oh and other guy lol. I am a long time listener and have grown significantly since starting my little family and creating a financial plan to navigate us through the years ahead. I had a question about the benefits of a 529 plan versus a Coverdell account. I have already begun saving for his college(he is 3) in a fiduciary investment account. However I want his grandparents to contribute because they have expressed interest. They get him nice things but this year for his birthday I want to suggest one of those plans previously mentioned. That way every year instead of more toys to clutter my house we are moving more efficient to his financial freedom. Please help with some advise. I would greatly appreciate it. Thanks as always. Keep stacking!