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Reply to "3 savings accounts for DC, why would GP want to open another one?"
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[quote=Anonymous]We have 4 savings account for our DC, including a long term savings account, a checking account, and a 529 for college savings. My parents are insisting that they open up a separate college account via a bank (not a 529) for DC. Is there a financial incentive to them doing this? I would prefer to keep all the savings in something that DH and I can track. It's very kind of them to want to contribute, but why can't they just contribute into one of these?[/quote]
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