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What is a child trust fund?

In Personal Finance - Savings - Asked by Admin - 15 months ago

A child trust fund is a government savings initiative available to all children born after September 1, 2002 where children receive a voucher at birth and again at the age of seven. Friends and relatives can contribute each year with out taxes and the child can access the money at 18.

Answered by Admin - 15 months ago


Tags: child trust fund, personal finance, savings, what is a child trust fund?

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One of the hardest aspects of personal finance is saving. Savings is very important but very challenging. Learning how to save money is important for getting ahead in life and growing in personal wealth. If you need advice on a specific question like "what is a child trust fund?" or how to save money and answers to all your savings questions Zuuply.com can help.



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