It's possible to set up a super fund for under-18s. The bigger question is, should you? According to Australian Tax Office data, over 40,000 boys and more than 35,000 girls aged under 18 already have their own super accounts. What's more, they're punching above their age when it comes to healthy balance. The average balance for a boy aged under 18 is $14,170 - almost double the average super savings of $8,072 for males aged 18-24. So we're talking about some pretty well-heeled kids.
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