What is a Teen Savings ?
Make an excellent start to your child’s working life by allowing him/her to save in an ING Luxembourg Teen Savings.
Your child is aged between 12 and 17 years-old? If so, the ING Luxembourg Teen Savings is the safest way for your child to save at a preferential interest rate while still being able to access to his/her money. Your Child’s capital and interest paid are protected!
The Teen Savings is an account in euros (EUR):
- Your child’s money is paid at a preferential rate;
- Your child has access to his/her money at all times;
- There are no charges: neither for management nor statements.
- You always know the rate at which interest is paid on your child’s money. The interest rate on the Teens Savings varies and is subject to change in line with money market conditions.
Every year, it is the same old story: we have to fill in our tax declaration. For many of you, this annual exercise is like a chore. It is a pity because a tax declaration, correctly optimised, can save you money by reducing your taxes.
An automatic savings plan (aka ASP) is a standing bank transfer order that transfers money from your current account to your savings account on a fixed date.
You want to improve the return on your savings and make your first steps in the investment world but you don’t know how to do it? Why not trying regular investments? This financial solution is to invest on a regular basis (every month or every quarter) the same amount of money, fixed in advance, in an investment fund. Here are the main advantages.
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