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[quote=Anonymous]We are the parents of a newborn. We are opening a 529 and an investment account for college funding. Do we need a separate savings account for the baby or should all gifts just go right into the 529 or the investment account? When I was a kid my parents had a savings account for me, but that was in the days before 529s, so I'm not sure if a savings account would serve any other purpose. Thoughts?[/quote]
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