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Certified Financial Planner, Jeff Hahn

S.C. Parker & Co., Inc.
Posted at 11:57 AM, Dec 10, 2015
and last updated 2017-09-08 11:55:27-04

Savings bonds and 529 contributions are just two of many different financial gifts that are appropriate for kids.

You can also consider giving:
• Stocks – You can transfer stock you already own, or you can purchase individual shares through an online brokerage that supports stock gift giving (such as ShareBuilder or OneShare).
• IRA Contributions – If the child has earned income from a job, you can fund his or her annual contribution, up to the allowable amount.
• Cash – Cold hard cash is always a welcome gift, but it might be most effective if it is money earmarked for a specific purpose, such as paying for a car, summer camp or to pay down an adult child’s debt (such as student loan or credit card debt).
• Financial Advice – A trip to a qualified financial planner can help even young children understand the value of money, savings and investing.

Jeff Hahn, Certified Financial Planner

jhahn@scparker.com
632-6800

Sponsored by S.C. Parker & Co., Inc. Securities offered through Cadaret, Grant & Co. Inc., Member FINRA, SIPC, S.C. Parker and Cadaret, Grant & Co. Inc. are separate entities.

 

SC Parket & Company
5892 Main Street
Williamsville, NY 14221
716.632.6800
www.scparker.com