Business

Investing Advice for Grandchildren's Inheritance

Updated 2026-06-18 09:25 UTC 1 source Neutral

A parent seeks advice on how to manage a $30,000 annuity inheritance from their grandmother. Experts suggest strategic withdrawal options over five years.

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My two sons will inherit a $30,000 annuity from their grandmother. What should I do with the money?

“My understanding is that they have five years to withdraw the money.”

2026-06-18 09:15 UTC