WEB RESULTS

https://www.investopedia.com/terms/c/custodialaccount.asp

4 days ago ... The term custodial account generally refers to a savings account at a financial institution, mutual fund company, or brokerage firm that an adult ...

https://www.goodfinancialcents.com/custodial-account-rules/

Feb 20, 2019 ... If your scared that your child will blow through their savings, here's what you need to know about custodial account rules. Basically, a custodial ...

https://www.marketwatch.com/story/5-things-to-know-about-custodial-accounts-for-kids-2013-05-28

May 28, 2013 ... Parents set up custodial accounts for children for various reasons, some ... for little Stephanie's college savings fund: set up a custodial account to invest ... Under the Kiddie Tax rules, a minor child's investment income above ...

https://www.schwabmoneywise.com/public/moneywise/essentials/custodial_accounts

Money and assets deposited into a custodial account immediately and irrevocably ... (This rule applies to custodial accounts as well as other forms of gifts.) ...

https://smartasset.com/retirement/what-is-custodial-account

Dec 12, 2019 ... One of the most common types of custodial accounts is a Coverdell Education Savings Account (ESA). Parents or guardians can use a ...

https://en.wikipedia.org/wiki/Custodial_account

A custodial account is a financial account set up for the benefit of a beneficiary, and ... In the United States, the Uniform Transfers to Minors Act provides for the possibility of bank accounts, brokerage accounts, and other property to be held in a ...

https://www.thebalance.com/beginners-guide-to-ugma-and-utma-custodial-accounts-4060475

Explore the benefits of UGMA and UTMA custodial accounts and their effect on financial aid. ... A custodial account is not an education-only savings account, and your kids may use the money you invest however they like. ... Contribution Rules.

https://www.thebalance.com/spending-childs-utma-money-illegal-358134

Imagine you open a savings account for your child at the local bank, depositing $10,000 in the ... You put their name on the account and name yourself as the custodian. ... You must invest it in a manner consistent with the prudent man rule.

https://www.biblemoneymatters.com/what-is-a-custodial-savings-account-and-what-are-the-pros-and-cons/

A custodial savings account is an an account setup at a bank that is controlled by an adult for a ... It will just be governed by slightly different rules once it is setup.

https://www.fool.com/knowledge-center/what-is-a-custodial-account.aspx

Jun 22, 2017 ... Financial vehicles such as a UTMA/UGMA account or a Coverdell Education Savings Account can allow an adult to invest for a child's benefit, ...