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From: TOPAZ:G:cnrdean@ucbvax.UUCP
Newsgroups: net.invest
Subject: savings for children?
Message-ID: <614@populi.UUCP>
Date: Wed, 6-Jul-83 11:54:12 EDT
Article-I.D.: populi.614
Posted: Wed Jul  6 11:54:12 1983
Date-Received: Sun, 10-Jul-83 01:43:32 EDT
Lines: 10

I have a 6 month old daughter.  I want to start a savings account for her.

- Can anyone advise me as to whether I should put the account in her name
  only, or in both of our names? 
- In each case, is the interest taxable on my income? 
- Can I make withdrawls from the account if it is in her name only?
- Can you suggest reading material on the subject?

I would ask someone at a savings and loan, but they OFTEN provide
incorrect information.