This is how you can earn £2,100

Martin Lewis warned that many are missing out on £2,100 through lost Child Trust Funds (CTF).

These are savings accounts for children born between September 1, 2002, and January 2, 2011.

All children who had accounts set up automatically received a £250 voucher at birth, and lower-income families would have got £500.

Children born between 2002 and 2010 would have received an additional £250 when they turned seven.

You can add extra money to a fund and parents can also decide whether to invest the cash in stocks and shares or save it until the account can be opened.

The money can then be claimed when the child turns 18.

You can find an old CTF by contacting the Child Trust Fund provider directly.

If you don’t know who your provider is, you can ask HMRC to locate it for you on the government’s website, but you’ll need some details to hand.

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Food prices surge 16.4% before Christmas – here’s what it means for you

FOOD prices have rocketed by more than 16 per cent in the…

Women underpaid state pension snubbed by Parliamentary Ombudsman

The Parliamentary Ombudsman says it will not investigate grievances from wives who…

Lottery winners abandon £5million mega mansion overlooking Edinburgh after 60 complaints from locals who hated plans

A FAMILY of Lottery winners have abandoned their dream of a £5million…

RACHEL RICKARD STRAUS: Teach children about money to tackle inequality

I will never forget the thrilling anticipation of awaiting my first pay…