So your saying move the two goals to say Fedelity then gift the the shares to each kids. As I understand it that would exceed the $19k allowed for 2025, but not vreally an issue as anything over that just pulls from the lifetime 25 million or something crazy. Maybe another form during tax time but still tax free?
Assuming the above is correct, someone suggested fidelity, why is that better? Also does fidelity have simular funds to VIGIX and VGINF with equally low fees, or would i be better going to vanguard? The kids are basically putting in about $500/month right now into betterment, I assume they would just need to learn to purchase these fund at a reasonable mix than a simple deposit I to betterment? Any other complexities?
Assuming the above is correct, someone suggested fidelity, why is that better? Also does fidelity have simular funds to VIGIX and VGINF with equally low fees, or would i be better going to vanguard? The kids are basically putting in about $500/month right now into betterment, I assume they would just need to learn to purchase these fund at a reasonable mix than a simple deposit I to betterment? Any other complexities?
Statistics: Posted by zombiebunny — Mon Nov 18, 2024 6:09 am