Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Instead of cash, he'd given us $10,000 worth of shares ... about the best financial gifts for your kids and grandchildren this holiday season. Profit and prosper with the best of expert advice ...

A poll by NatWest Rooster Money of 1,000 children and parents in the UK found that most kids would prefer money over physical ...

A woman is debating whether to use money gifted to her children to ease her post-Christmas financial strain. “I do feel ...

CLEVELAND, Oh - Do you ever wonder if it is a good idea to give kids cash instead of gifts for the holidays? The children on my list in recent years have steered away from asking for specific toys ...

However, unless the money is held in a Junior Isa, you may have to pay a tax bill if the interest on the child’s account exceeds £100 a year. Luckily, interest on gifts made by grandparents ...

Well, they can go to the Bank of Mom & Pop (or Grandmom & Grandpop). Yes, parents and grandparents can gift the money children need to open a Child IRA. Unfortunately, though, they overlook this ...