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In some ways, opening a savings account for a child is very similar to opening one for an adult. Tips to consider when shopping for a savings account for your child include: 1.
A savings account allows you to hold your money, whether for an emergency fund, a short-term goal or a long-term, big-ticket item like your child’s education, your wedding or a down payment on a ...
In particular, it offers the Gold Star Saver, a special savings account for children that doesn't just provide a place to keep money; it offers access to its online site, which teaches children ...
Children's Savings Accounts (CSAs) are a type of savings accounts in the United States, usually specifically designed for higher education savings. They are often available through state or local government programs or nonprofit organizations , in partnership with banks and credit unions .
Open an individual account if you want a savings account just for yourself. A joint account is an account owned with another person, such as your spouse or your child. Joint accounts offer some ...
Continue reading → The post How to Open a Savings Account for a Child appeared first on SmartAsset Blog. It could have been because of a glut of birthday money or the unwieldy wad of cash after ...
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