For my newborn, what kind of tax saving account or things one can do? A new mom here..

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529 education savings plan

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This^, I’m not aware of much else beyond things like FSAs / HSAs and dependent care spending accounts, but those can differ by employer.

529s also do vary quite a bit state by state so read the particulars of how yours works in your state.

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529. I had an aunt who fully funded 529s for my 3 kids when they were late grade school. Currently these have paid/are paying for -3 yrs of college @ out of state state schools depending on the kid.

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I have a 529 and UTMA for mine. When she eventually starts working, will open a Roth IRA

I’m doing the same. And because I had my baby in 2025, I will do the “trump account” for the $1000, but likely won’t contribute much to it over the 529 and UTMA

https://www.kiplinger.com/personal-finance/family-savings/should-you-start-a-trump-account-for-your-child?utm_term=04D7F058-C927-453C-A08D-4C50CF8FCD8A&lrh=05dcdb0df0aacf0e85df9adcba846a09d609ca4e2a9e6714bbc1d803c363b8b2&utm_campaign=231AB69E-1652-46EB-A977-6F2C6C998083&utm_medium=email&utm_content=72B478B0-9647-48AA-AB3F-83064DD3DD00&utm_source=SmartBrief

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One I was proud of

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Here are some awesome apps for investment:-

1.Groww
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Never put all eggs in one basket.

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