Children's Savings

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Children's Savings

Creating a children's savings and insurance account is something most parents want for their children. No two children are the same likewise; your savings for your children should reflect an overall gift you want to give to them in the future. Some children will attend college, military, become an entrepreneur, or all of the above. The gift of an investment and insurance for them will always be priceless and can be used for anything in the future.

Why start a children's savings and insurance account:

  • The sooner you start the more time you will have to save
  • You can transfer the account to them at an older age
  • You can keep the account and provide money gifts at different ages in their life
  • You help to teach them financial security at a younger age
  • Saving now will prevent a financial burden later when money is needed for future endeavors
  • You can lock in their health and premiums now at a younger age
  • Future medical assessments may not be needed for more coverage
  • The money saved can be used for anything and is not locked into a specific service like popular investment accounts
  • You can "catch-up" on savings if you started later in their life
  • Having peace of mind knowing you were pro-active in planning for their future