It's No Secret
Catherine Emerson & Christine Jensen
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100. Navigating Kids Accounts: 5 Things Parents Need to Know
Welcome back, lovely listeners, to another episode of It’s No Secret! Today, we’re diving into a rapid-fire chat about kids' accounts. Whether you’re considering opening an account for your child or just curious about how they work, we’ll reveal five facts that could change your perspective and approach. Key pointsTax benefits - Kids accounts are taxed at the child’s rates, which can be a significant advantage for families.Why the money needs to be genuinely for the childUnlike trus...
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