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Grandparents Not Setting Up Long-Term Financial Benefits for Grandkids

Grandparents Not Setting Up Long-Term Financial Benefits for Grandkids



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(KSL News) Grandparents are known for spoiling their grandkids, but a new study shows they're not so generous when thinking about long-term.

The AARP study found that 86 percent of grandparents give gifts or money to grandchildren. But only 20 percent are opening financial accounts or giving gifts of financial instruments to grandkids.

For tips on how to open up those accounts or ways to help long-term, follow the link on this page.

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