Should You Open A Custodial Account For Your Kid?

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custodial account for minor

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It means so much to them

I was honestly floored when my parents told me about the account. Really. I was speechless, and then I cried. Knowing that they made a point to go to a brokerage firm and open this account, and then, every year, to tuck away money to put into my account, and to manage and supervise how it was invested, all so I could have this cushion, was an incredible discovery. It’s a cool thing to do for your kids. Cool doesn’t even begin to describe it.

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