9+12y/o inherited $13k each, advice
9+12y/o inherited $13k each, advice Hi, I am based in the US and my two children have inherited about $13k each. I understand my options are: 1: 529 2: 401k (pension of some sort) 3: invest without tax efficiency I am leaning towards option 2 where I can just put their money in a Boggle head like portfolio, leaning heavily on the S&P50 and let it grow for 50 years. My thoughts ar…