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 passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

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