Best interest earning savings account for kids

[Brittany Snyder]

My 15 year old son just got his first job! We could put a portion of his paychecks in a savings account at our local credit union but is there a better option with a higher interest rate where his money will grow?

[David M.]

@Brittany Snyder

I'd put it into an IRA or Roth IRA account. lots of options to get better growth/income and also be tax advantaged.