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@echoecho wrote:
Great info , tanks especially for the children part. Just to be safe I'll make sure at least $50 is in the acct for both kiddos.
Not a bad idea at all, but with kids they should not have to worry about dormancy in any case until they're 24 (per the .pdf).
@echoecho wrote:
You're correct but never hurts to sock drawer some money in their accounts. I'm thinking if they get a few pennies every month or so on interest would that count for activity??
I send $10-$20 into my NFCU savings each month 'just because' as well.
In my case I do it just to have another little 'stash' of petty cash, but it has a secondary effect of also creating activity. (It's also surprising how quickly even that small amount adds up over the months...)
I say do whatever works for you!