For many parents, ensuring their children's or grandchildren's financial security is a top priority. The question often arises: how can we support their future aspirations financially savvy and tax-efficiently? Whether it's funding higher education, starting a business, or purchasing a home, Aviva's Children's Savings Investment Trust could be the ideal solution.
What is Aviva's Children's Savings Investment Trust?
Aviva's Children's Savings Investment Trust is a tax-efficient way to help secure a bright future for the younger generation once they turn 18. This trust allows individuals to contribute up to €3,000 annually per child (€6,000 per couple), maximising the Small Gift Exemption limit.
You can start investing with as little as €100 per month and adjust your investment choices throughout the policy, offering great flexibility. It's an excellent option for parents, grandparents, or godparents to help their loved ones get the best start in life when they reach adulthood.
Why choose Aviva's Children's Savings Investment Trust?
Long-term growth: Your money has the potential to grow through investments, especially over the long term.
Investment choices: Aviva offers a variety of investment options across different risk profiles, asset classes, and fund managers.
Straightforward: Aviva handles any exit tax due on the growth of your policy.
Monitor your investment: Easily track your investment's performance online through Aviva's user-friendly fund centre.
Remember, the money in the Aviva Children's Savings Investment Trust belongs to the child, not the parent or any other contributor, such as a grandparent.
For more information on Aviva’s or any other funds, get in touch
1. A life assurance levy of 1% is chargeable on all premiums invested through Aviva’s Savings Plan.
Remember that tax laws can change over time, so it is important to check revenue.ie for the latest information. |
Warning: Past performance is not a reliable guide to future performance. Warning: The value of your investment can go down as well as up. Warning: If you invest in this product, you may lose some or all of the money you invest. Warning: These funds may be affected by changes in currency exchange rates. |
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