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  2. How to open a savings account for a baby or child - AOL

    www.aol.com/finance/open-savings-account-baby...

    An alternative to a custodial account is a savings account that’s designed for children under age 18, and there is joint ownership between the parent and child.

  3. Best savings accounts for kids - AOL

    www.aol.com/finance/best-bank-accounts-kids...

    The Alliant Kids Savings Account requires an initial deposit of $5, which the credit union will cover for you. The account pays 3.10 percent APY, but it earns no interest if the daily balance ...

  4. The 7 Best Savings Accounts for Kids of 2022 - AOL

    www.aol.com/7-best-savings-accounts-kids...

    Capital One Kids Savings Account. $0. n/a. n/a. 0.30%. GET DETAILS. Alliant Credit Union Kids Savings Account. $5 (Alliant will cover) $100 average daily balance to earn interest. $0 (if you ...

  5. What is a custodial account? - AOL

    www.aol.com/finance/custodial-account-173403481.html

    Here’s how custodial accounts work.

  6. Custodial account - Wikipedia

    en.wikipedia.org/wiki/Custodial_Account

    A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary.

  7. Saving for Education, Entrepreneurship, and Downpayment

    en.wikipedia.org/wiki/Saving_for_Education...

    The SEED accounts are installed at birth with an initial deposit of $1,000, and accumulates over the span of a lifetime. All the money will be invested in children’s savings accounts for future purposes. [2]

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