Investing for a 7-Year-Old
At age 7, a 529 started at birth has an 11-year education horizon. Age-based portfolios typically start shifting meaningfully away from maximum equity around age 10-12. UGMA/UTMA compounding continues on a 58-year retirement runway. The kiddie tax applies through at least age 18 (or age 24 if the child is a full-time student).