I opened an Education IRA for my new granddaughter last year. I used Waterhouse, because I had a couple of accounts there. I thought I would do than for ease of trading, if I wanted to do that, but probably will stick with indexes.My first buy was QQQ. As long as that looks good, I will probably stick with it for the 17 years or so this account will be active.It was very easy to do.The problem with Educ IRA is the limit of $500 a year. In 17 years, that won't cover one year of a private college... maybe she'll have to go to old State Univ, just like gramps.----GG
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