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[quote=Anonymous]My two kids, both early teens, are being gifted $25K each as part of an inheritance. Each has about $150K in their college funds and we will continue to contribute with the goal of fully covering in-state tuition so I am not inclined to put it in their 529 accounts. I would prefer to invest the money so that they have a nice nest egg when they graduate to buy a house, fund grad school, etc. I am considering putting a few thousand ($5K) into their savings accounts so that they have money to take a school trip in high school (or similar). But that is still a few years away for the youngest so I don't want to lose out by keeping it in his savings account if I can grow it over a short time. WWYD? Are we foolish to not put it in their 529 accounts (in terms of growth opportunity)? The kids don't know about the money and we don't plan on telling them until they are older. I am good at saving money not so good at investing so all advice is welcome! [/quote]
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