Don’t want some extra money just sitting in the bank but not sure what to do with it

Don't want some extra money just sitting in the bank but not sure what to do with it I have started a bank account for my 4 year old child. It is currently setting at 18,000 and at this point forward I am contributing 100 a month to his account. This account will be fully his when he turns 18. I'm looking for low risk options that I may not have considered that will at least keep up with inflation. Any ideas?
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