Should You Open a Savings Account or a Custodial Account for Your Child?

Money Boss Podcast with Anna Sergunina CFP

Should You Open a Savings Account or a Custodial Account for Your Child?

 

There are typically two types of accounts you can open for your child: savings account for a minor or a custodial account, and the difference is important. Let’s discuss!

Anna Sergunina
Anna Sergunina
anna@mainstreetplanning.com

I’m Anna Sergunina, CFP®, President & CEO of MainStreet Financial Planning, Inc. For over 20 years, I’ve helped families prepare for retirement with clarity and confidence — simplifying money decisions so they can enjoy the life they’ve worked hard for. Outside of work, I’m a mom of two, always balancing family life with my passion for guiding others toward financial freedom.

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