re: savings for grandchild

Take it from someone like me who had leftover college money… it didn’t go for anything productive. I managed to save some and used it when I needed for important stuff but I blew through a lot. Still have some 20 years later…but Most young people just can’t grasp the concept of saving, so you would be doing them more of a favor maybe with the 529 to Roth and compounding that interest