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What is the best way to start an investment account for a 6 month old grandchild? |
What is the best way to start an investment account for a 6 month old grandchild? The child has to have a social security number / tax ID. Many brokerage firms allow you the option of opening a "custodial" account...where you manage the account until they are 18 yrs of age. bank |
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Yes. The 401K doesn't belong to the company, it belongs to the trustees/custodians who hold it for the benefit of the persons covered by the plan (some may no longer be employees). ...If by CPP you are asking about Canada Pension Plan, you can do what ever you want with the monthly payment that you receive if you are 60 years old or older. If you don't receive any paymen... Check the web page of the Swiss Banking Association: ... The bank must have had a reason for closing your account. ING has their complaint resolution process on their website. ... It depends on your tax situation, whether there are other children in the family and whether you want to give up control of the money. Generally the Section 529 plan is the best, but you have to... Use online Banking. Check out Butterfield Bank, or Royal Bank of Canada. ...I'd put it in Dodge & Cox funds, DODFX DODGX unless you think you're smarter than all those folks who do that for a living. in that case, i guess you'll have to learn for your... I have a HCRA - Health Care Reimbursement Account. Set aside pretax dollars for medical expense. But, whatever I do not use at the end of the year is forfeited to the maintenance company. I al... |
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