Opening an account for your child

529 is probably a good option. You can convert an unused portion to Roth IRA later under latest SECURE 2.0 law.

Until she has legit income you cant fund a Roth IRA for her anyway.

Would take a few shares of my winners in my account and put them in a custodial account for my Son over time. I was fortunate to put shrs of companies like AAPL,AMZN, BAC and NFLX. Their growth was above average and after college still had mucho $ left. Hope this helps but you are way ahead of the game already!

Just open a Dividend Reinvestment Account (DRIP). It is an after tax account but 20 years of slipping Birthday money into it worked very well for my daughter.

I set up UTMA accounts for my kids. We put money in it monthly to save for the next tuition payments as well as for their college fund. Downside, once they hit 18 it’s theirs and we have no say over how they use it.