UK urges young adults to check for unclaimed funds from their Child Trust Fund accounts.

The UK's HM Revenue and Customs (HMRC) is urging individuals born between 2002 and 2011 to check if they can claim funds from their Child Trust Fund accounts. These accounts, established in 2005, hold an average of £2,212 each, and can be accessed once the individual turns 18. HMRC is providing tools and support to help locate and claim these funds, which were set up to help children save tax-free.

4 months ago
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