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re: Best financial gift for a baby?
Posted on 11/6/23 at 5:14 am to Thundercles
Posted on 11/6/23 at 5:14 am to Thundercles
You can roll into an IRA, if necessary, up to a certain amount. If you exceed that cap, you can reassign to another child. Lots of options.
This post was edited on 11/6/23 at 5:15 am
Posted on 11/6/23 at 5:24 am to CalcuttaTigah
What’s the boards thoughts on UTMA? Obviously one downfall is automatic ownership of funds transfer by 18/21.
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