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Child Cash ISA...
If you’re looking to save tax free for your child’s future then a Cash Child ISA is one option.
They work just like a regular Cash ISA but any funds held within the account are locked away and cannot be accessed until the Child reaches adulthood (18 years of age).
This ensures that any investments will have time to mature and can hopefully provide much needed financial support at a time when they will need it the most.
Any interest earned within the account will stay in the Child ISA Account and will also be tax free.
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