Choosing a Savings Account for Kids

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Choosing a Savings Account for Kids

Overview

  • A kids bank savings account is a great way to set aside cash for their future.
  • Most banks offer kids accounts, although keep an eye on the interest rates.
  • An alternative to a bank account is investing into a custodial account, UTMA or UGMA.

What Do Kids Bank Accounts Offer?

How Do You Open a Kids Bank Account?

What returns to kids bank accounts offer?

What is a Custodial Account?

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