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re: What would you do with your kid’s savings account?

Posted on 5/3/24 at 7:55 am to
Posted by lsu13lsu
Member since Jan 2008
11489 posts
Posted on 5/3/24 at 7:55 am to
Series I Savings Bonds can be put in kids names. I would have there over a bank account.
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2141 posts
Posted on 5/3/24 at 8:29 am to
Why I bond? As an inflation hedge for a teen and pre teen? Good
HYSA currently yields more than I bond without 12 month lock in and even after that you lose a quarter of interest if cashed out before 5 years.
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