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Why a college savings plan might make a great baby gift

Por: Los Angeles Times Business January 22, 2023

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Dear Liz: Recently my granddaughter gave birth to twins. I’d like to put $500 into a trust for each of them to mature when they are 18. I’m hesitant to set up an education fund in case they decide not to go on to college. I would like something that includes growth and safety, the least amount of cost and minimal tax consequences. Is there something you could recommend? Answer: A trust would be overkill, given the relatively modest amount... + full article



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