Growing Futures: Unlocking Tax-Free Savings for Your Child
In this weeks episode, Warren Ingram discusses the significance of tax-free savings accounts for children, emphasizing the long-term benefits of early contributions. He explains the mechanics of these accounts, including contribution limits and the importance of not withdrawing funds prematurely, and highlights the power of compounding growth with the potential for substantial wealth accumulation by the time the child reaches adulthood. Takeaways It's a no brainer for parents to fund a tax-f...