How many custodial accounts can a minor have?
There’s no limit to the amount of custodial accounts¹ you can open for minors. Multiple adults can also open custodial accounts for the same minor.
With Stash, custodial accounts are only available on the Stash+ plan, which includes 2 custodial accounts. You can open more custodial accounts at an extra cost by contacting our customer support team.
For more information on custodial accounts, check out this article on Stash Learn.
Stash offers three plans, starting at just $1/month. For more information on each plan, visit our pricing page.
¹The adult (or Custodian) who opens the account can manage the money and investments until the minor reaches the “age of majority.” That age is usually 18 or 21, depending on the Custodian’s state. The money in a custodial account is the property of the minor. Money in a custodial account can be used by the parent or legal guardian, but only to do things that benefit the child.
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