What is the best investment account to open for a child?
The best investment account to open for a child is one that is protected from stock market losses and can continue to accumulate growth into adulthood.
How much should I be putting into my child’s savings every month?
You should contribute an amount that fits your budget and financial goals for your child (ren).
How do I invest in my child’s future?
You invest in your child’s future by implementing financial strategies that set them up for their future and protect them from unforeseen life circumstances.
Can I open a tax-free investment account for my child?
Yes. An indexed universal life insurance is a type of tax-free investment account. An IUL broker such as I can help you set one up.
What is the best financial gift for a child?
The best financial gift for a child is an investment that accumulates growth and gives peace of mind to be able to achieve their personal and professional goals (starting a business, college, etc)
Can I open an IUL for my child?
Yes, you can open an IUL (Indexed Universal Life) policy for your minor child (ren) ages 15 days-17 years old. Additionally, you can open an IUL for your adult child (ren) as well. You can learn more about IUL in my blog post here: https://speakgenwealth.com/why-iul-is-a-bad-investment/
How do I start an IUL policy?
You can start an IUL policy by reaching out to a licensed financial professional for help. I specialize in Indexed Universal Life and I can assist you. Please contact me: https://speakgenwealth.com/contact/
