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Home » Resources for Your Life » Life Events » I'd Like to Set Up an Account for a Child/Grandchild  Print View

I'd Like to Set Up an Account for a Child/Grandchild
 
It is never too early to begin saving for a child’s future.  There are several options available to both parents and grandparents that have the ability to grow as the child grows.
Youth Savings – Our Youth Savings account can be opened for your child by either your or their grandparents.  And even small amounts can add up quickly.
 
Treasury Direct – Savings bonds (also known as Treasury Bonds or T-Bonds) are a great option for secure long-term savings. Treasury Bonds earn and pay a fixed rate of interest every six months until they mature, usually 30 years.
 
Coverdell Education Savings Accounts (CESA) - This is a smart way to save for your child’s education. The sooner you open an account the more you’ll be able to save. 


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