Q. I want to leave my grandchildren money, but I’m trying to decide if I want them to inherit it or if I should put it in a 529 plan. They’re 9, 11 and 14, and I’m 78 and healthy. What are the pros and cons?
Q. I’m thinking of starting a retirement savings account for my grandkids. Can I start an IRA even though they’re not old enough to work? If I can’t, what should I do with the money?