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Over 60 million US child investment accounts created with low claim rates

Fortune · ·by G4L

  1. 1The Treasury announced on October 1 that over 60 million child investment accounts have been created.
  2. 2Helen Morrison stated that approximately 164,000 of the 60 million new accounts have been claimed, representing less than 1%.
  3. 3The UK HM Revenue and Customs reported that approximately 827,000 of about 3.8 million accounts matured since 2020 remain unclaimed.

So what's the key point?

The Treasury announced on October 1 that over 60 million child investment accounts have been created.

Source Fortune · View original ↗

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