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Advantages And Disadvantages Of Custodial Savings Accounts

Wednesday, March 6, 2013 - 5:28 PM
Custodial savings accounts are bank accounts set up by a parent for a child that can contain either savings accounts, CDs, or a combination of both. Using them as a savings vehicle present several advantages and disadvantages.

Advantages and Disadvantages of Custodial Savings Accounts
ShorebreakShorebreak2,699 posts since
Apr 6, 2010
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