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Family Investment Junior Bond - Savings Account
(Which Way To Pay - 3/3/2011)
The Family Investment Junior bond is a long-term savings plan aimed at the post Child Trust Fund Market. The idea is that Parents can save for their child, monthly until their child’s 18th, 21st or 25th birthday. At the end of the term your child can decide whether to extend the payment term for 10 years, stop the payments and leave the money invested or take some or all of the money. This is a tax-exempt savings plan – free of capital gains tax and income tax.
When you take out a junior bond you must be aware that this is a long term savings plan and you need to save regularly for a minimum of 10 years. If you decide to cash the plan in early, the child will probably get back less than paid in.
Family Investment is ranked 4 out of 5. Based on 1 review.

4 Star Rating        
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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