Keep It Separated

Jody should keep the college savings accounts for her four children separate, according to Dave.

QUESTION: Jody has four small children whom they have saved some for college. They stopped contributing to work off their debt. Should they put all four of those savings into one account?

ANSWER: Keep it individual, because if they’re all in one account and one child doesn’t use all of his or her allotted amount, you have to bother with moving it around. Separate it now.