I'd Just Do the Eye Bonds, but That's a Problem Right Now.

My 18 year old son is't interested in college at this point, so he's got an entry level job and is living at home. We're charging him a few hundred per month for rent, but we intend to set that money aside to give to him when he eventually is ready to go out on his own. My plan is to put half in eye bonds and half in a total market index fund. Since he's 18, i can't open a custodial account. Shall i just put it in my name and then transfer the securities to him in the future? Yes, that would be a taxable event for you. This is tough. I'd just do the eyebonds. They