looking to opening up a savings account for my baby and I'm reading about custodial accounts. trying…

Gerber plan is amazing I love it!

I think it's completely worth it I have one for both of my sons, and they're also beneficial in case of emergencies. They also both have really big piggy banks that we place all of our change in for them.

@prettyyellow, do u have just regular savings accounts in their names or custodial accounts. I was reading abt custodial accounts and saw something that said if the account exceeds $1,000 Its taxable

I have a custodial account my name is attached to it as well. I'm not sure about it being taxable I will ask my husband and get back to you about it. @helpedbytmh

whats a custodial account?

@prettyyellow, thanks!