During the holidays the average American spends $300-$500 for gifts to children. It usually only last that moment - the excitement for few days then, toys break, something else comes up and finally all those toys are forgotten. I wonder how come parents don't think about giving a saving accounts to their child with purchasing something such as a "Stock" "IRA" or my very favorite a "cash value insurance" that guarantees dividends and its for life.
As you can imagine, I am a true saver and I love giving something that has an everlasting value. I have given this financial tool to many of my friends' children and I can tell you one thing - it's the best gift anyone can ever give or receive.
- Guaranteed growth
- Tax free access
- Can use for retirement, college, morgage or down payment for a house
- Guaranteed income for life
https://www.newyorklife.com/about/our-strength/nyl-dividend-announcement/