Saving for a family becomes much more necessary once you have one.
By opening a StorkFund high-yield savings and/or investment account:
Your consistent contributions, no matter how small, have the opportunity to grow faster and more substantially due to the power of compounding: Funding your future possibilities, even if you’re still considering the possibility of having or raising a family of your own or the particular path you may take to expand your family.
Arrival + Preparation
Fertility + Medical
Leave + Flexible Working
Care + Enrichment
Future Security
Use Your StorkFund to fund a range of arrival essentials, including:
Use Your StorkFund to fund a range of medical expenses, including:
Use Your StorkFund to fund a range of leave scenarios, including:
Use Your StorkFund to fund a range of care and other services, including:
Use Your StorkFund to establish your child's financial foundation, including:
Frequently Asked Questions
Absolutely. We're on a mission to deliver financial security to families navigating life's most important milestones, and that includes families employed by organizations which do not yet offer StorkFund as a benefit! Although the funds you'll contribute to your StorkFund will not receive an employer match, you will still have access to all of the benefits, resources, high-yield, investment opportunities, and discounts provided to holders of employer-sponsored StorkFund accounts. By opening a StorkFund on your own, you demonstrate your commitment to your family's financial security. Our goal is to ensure every employer supports their employees' financial well-being, and we'll work diligently to encourage your employer to offer StorkFund as a benefit and support your family's financial security.
Join the Waitlist to Open a StorkFundGiven the significant power of compounding and a potential employer match, we recommend opening a StorkFund and funding your future possibilities, even if you’re still considering the possibility of having or raising a family of your own or the particular path you may take to expand your family. We believe it's unfair to penalize aspiring parents for proactively planning, so all vested funds held within your StorkFund are yours to keep and access, however and whenever you see fit: With a few key caveats. To encourage long-term financial growth and to discourage parents and aspiring parents from withdrawing funds for "non-family life-cycle expenses", each StorkFund must remain open for at least one year (including a 90-day cancellation period when the StorkFund is initially created) and funds withdrawn for "non-family life-cycle expenses" after this period may be subject to certain penalties, depending upon the age of the StorkFund and the reason for withdrawal. Clear details regarding any penalty for a non-family life-cycle withdrawal will be provided and clearly outlined in the terms and conditions of your StorkFund.
Stork Insight: Create the Brighter Tomorrow Your Future Family DeservesAs any parent will tell you, the list of family life-cycle expenses is exhaustive, personal, nuanced and (potentially) never-ending! These include expenses relating to your infant's arrival and preparation, fertility and medical treatments, leave and flexible working, childcare and enrichment / extracurricular activities, and future financial planning. To achieve our mission of delivering financial security to families of all stages, sizes, and varieties, navigating life's most important milestones, we apply a flexible definition of "family life-cycle expenses." If there are any family life-cycle expenses which you are particularly passionate or concerned about, or which you want to ensure your StorkFund will be able to cover, we'd be happy to hear from you!
Stork Insight: Understanding Family Life-Cycle ExpensesThe amount you contribute to your StorkFund each month is entirely up to you; there is no minimum or maximum contribution amount. When you open your StorkFund, you will decide to contribute a fixed percentage (such as 3%) or a fixed amount (such as $500), to be deposited into your StorkFund on each of your pay dates. If your employer is providing StorkFund as a benefit and is therefore matching some, or all, of your contributions, we'd strongly suggest you consider contributing at least as much as your employer will match. Doing so will maximize the total contributions to your StorkFund account each pay date and will enable you to take full advantage of your employer's StorkFund benefit, leaving no "free money" on the proverbial table.
Calculate Your Potential Savings With a StorkFundAbsolutely. The amount you contribute to your StorkFund each month is entirely up to you and you will be able to notify Stork each time you'd like to increase, decrease, or cancel your contributions. If your employer is providing StorkFund as a benefit and is therefore matching some, or all, of your contributions, we'd strongly suggest you consider contributing at least as much as your employer will match. Doing so will maximize the total contributions to your StorkFund account each pay date, together with the power of compounding, and will enable you to take full advantage of your employer's StorkFund benefit, leaving no "free money" on the proverbial table.
Stork Insight: The Power of Compounding