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 at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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