<prompt> Human: In 2015 my son was diagnosed with Neuroblastoma cancer. After some chemo and two surgeries, one in Chicago and one in NYC, We are beyond happy that he is doing well and growing up healthy and strong! Since then weve also added another little brother to the mix. Great times! Anyway my question is with all the money given to us during that time, donations, fundraisers, etc, even after medical bills we still have about 20k left. So far it has been sitting in a Chase savings account collecting almost no interest, I know this is a poor choice but I am also worried that I will mismanage it and lose more doing something wrong. As a family we are doing fine and I dont think we will need to use it. So my plan is to put it somewhere where it will grow and when they reach college age I will divide it between them. What would you do? What is the safest bet? Best return?  <response>: If you want to keep the money, I recommend putting it into 529 plans--either your state plan if there are good tax benefits or other incentives in your state or in the NVNY plan if you dont have incentives within your state.But...if your son is in the clear... Given the fortunate position you find yourself in which is amazing on many levels!, have you considered paying it forward so that another family or families in your position could benefit? For example, donating it to one of the hospitals you worked with? 