What Is a Custodial Account? - Investopedia
2024年11月25日 · A custodial account usually is a savings account set up and administered by an adult for a minor. Custodial accounts have enormous flexibility, with no income,...
What Is A Custodial Account? – Forbes Advisor
2023年8月30日 · A custodial account is a type of financial account that an adult—such as a parent, grandparent or even a sibling—opens on behalf of a minor child. The custodian is in charge of...
Custodial Account | Definition, Pros, Cons, & How to Open One
2024年2月15日 · What Is a Custodial Account? A custodial account is a kind of savings account controlled by an adult on behalf of a minor, also known as a beneficiary. This account can be opened through a financial institution, mutual fund company, or brokerage business.
Custodial Accounts: What You Should Know - Bankrate
2024年1月2日 · A custodial account is a financial account managed by one person for the benefit of another. Custodial accounts are commonly opened by parents as a simpler way to transfer...
What Is a Custodial Account & How Does It Work? - SmartAsset
A custodial account is an investment account controlled by an adult on behalf of a minor. We discuss everything about these accounts in this guide.
What Is a Custodial Account? Opening a Custodial Account - SoFi
2023年10月18日 · A custodial account is savings or an investment account, established with a bank, brokerage firm, or mutual fund company, that’s managed by an adult on behalf of a minor, also known as the beneficiary.
What Is a Custodial Account? UGMAs, UTMAs and More
2024年3月20日 · A custodial account is a savings or investment account managed by an adult (the custodian) for a minor until the child reaches the age of majority. That age varies from 18 to 21,...
UGMA & UTMA accounts | Tips for custodial accounts | Fidelity
2024年1月31日 · Whether the money comes from gifts, transferring shares, an inheritance, or earnings, a custodial account is one way to save and invest for a child. Money put into custodial accounts becomes the property of the child and can only be used for their benefit.
What Is A Custodial Account And Should You Use One?
2024年11月2日 · A custodial account is a financial account that allows a person to transfer assets to a minor beneficiary. The custodian, typically a parent or guardian, manages the property on behalf of the underage beneficiary. In this respect, it is similar to a trust, but without any of the trust paperwork and attorneys.
Guide to Custodial Brokerage Accounts | Investing | U.S. News
2024年3月5日 · A custodial brokerage account is an investment account that's managed by an adult on behalf of a child. When the child reaches the age of majority in her state, she gets...
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