Child Savings

Child’s Savings Plus is a regular premium, unit-linked savings plan. It allows you to invest in various investment funds at the start of the policy, and your chosen funds apply for the plan’s duration.

Parents wishing to save for their children’s future. Relatives or godparents who would like to put aside money for a child’s future. Those willing to save for a period of 5 years or more.

• Peace of Mind: By starting a Child’s Savings plan, your kid will have a head start with college, buying their first home or car, or even setting up their own business.
• Smart Savings: This plan takes full advantage of annual gift tax exemption limits.
• Flexibility: You can adjust your payments at your discretion.

Opening a Child’s Savings plan is straightforward. You can choose which MBC Financial Funds to invest in at the outset, and we can help with that. You’ll need to decide how much you wish to put aside each month – it can be as little as €75. We can help you determine how much you might need to save, depending on how long you plan to save. Then you can assign the policy to your child to maximise gift tax savings