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    Should I Start a Junior ISA for My Child?

    2 weeks ago

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    Junior ISAs (JISAs) are tax-free savings accounts for children under 18, helping parents teach saving habits. There are two types: Junior Cash ISAs and Junior Stocks and Shares ISAs. While cash ISAs are safer, stocks and shares typically yield higher returns over time. Contributions can reach £9,000 annually, but funds are locked until the child turns 18.
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