24 year will be gifted $38k once a year for the next 20 years…how to start?

24 year will be gifted $38k once a year for the next 20 years…how to start? Son is fresh out of college w a degree in cybersecurity, currently working low pay job and living at home to gain experience to springboard to the next level in career. $22k in college debt. Wondering what the best next steps are for him as he’ll be getting this $38k check every January. None of us have experience getting lump sums like this and...

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