Can you answer Matt B’s question about Bonds?:

My younger sister was recently given some money from a relative and I am interested in helping her setup a High-Yield Savings Account to hold the money in, as opposed to our normal bank’s savings account. What are my options due to her age (an account cannot be opened in her name obviously)?

Can I open one on my name and list her as beneficiary? Or is there a bank that will allow me to open one online under her name?

Thank you all in advance for your answers and advice.

Best High Yield Savings Accounts