Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!linus!security!genrad!decvax!tektronix!ucbcad!ucbvax!TOPAZ:G:cnrdean 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.