Viewing a single comment thread. View all comments

Capable_Nature_644 t1_jau5rjy wrote

My parents opened up a bank account for me but didn't let me use it at all. They deposited money into it and after a while turned it into a cds and money markets and let it grow until college. Then I was allowed to use it with supervision. This type of thing can easily be managed on your own without any special services.

1

therealalanwatts OP t1_jaup7od wrote

Right but that’s not a tax advantaged account like a 529 account is.

5