4 year old – retirement account when older
4 year old - retirement account when older I have a young son and have been taking any money he gets from Christmas cards, birthdays, etc and investing it in a brokerage account setup in his name. Once he turns 18 the account becomes his. My question is, at that point is ther a way to roll it into some kind of tax benefiting account like an IRA or anything? Or, an alternative question w...