In this edition of The Motley Fool's "Ask a Fool" series, Motley Fool One analyst Jason Moser takes a question from a Fool reader who asks: "What's the best financial gift to give a 1-year-old now and annually going forward?" Jason discusses three options that can be worthwhile considerations as financial gifts including custodial savings accounts, brokerage accounts, and 529 college savings plans.

Jason Moser and The Motley Fool have no position in any stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.