Does your child need a retirement account?

A custodial IRA can give children a head start on saving for future needs. The objective of an IRA is to save for retirement, but IRS rules permit penalty-free withdrawals for higher-education expenses, a first-time home purchase and other reasons.

Watch the video to learn about a custodial IRA for your child.

It’s less than two minutes, and you can contact your financial advisor if you would like to learn more.

Select photos in A Custodial IRA for Your Child video courtesy of num_skyman at freedigitalphotos.net