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Q. Can I open a Stash Invest account for my child?
Absolutely! You can open a Custodial account¹ for any minor. You invest on behalf of a child in your life, and they can take over when they’re old enough. You can learn more about the process here. You can also name a beneficiary for your regular Invest account using this form.…
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Q. Can I link a custodial portfolio to a different external bank account than my Stash investment and retirement portfolios?
At this time, you can only link one external bank account to Stash. The external bank account you use for custodial portfolios will need to be the same as the one you use for your Invest and Retire portfolios. If you’d like to learn more about changing your linked external bank account,…
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Q. What is the minimum deposit to open a custodial account?
If you’ve got a dollar, you can open a custodial account. The minimum deposit to open an account is only $1. Want to learn more about investing in your custodial account? We’ve got you covered. If you’d like to learn more about custodial accounts,…
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Q. Withdrawing from your Custodial Portfolio
As the custodian, you can withdraw money from a custodial account if you need to use it to pay for something that will benefit the minor. You can’t take the money back yourself, or give it to someone else. Some examples of eligible expenses include college or high school tuition,…
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Q. What if I need more custodial accounts than what is included in the Stash+ subscription?
With Stash+, you automatically get access to two Custodial accounts. At this time, you are unable to add more than two Custodial accounts. Still have questions about custodial accounts? We’ve got you covered. …
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Q. Who can contribute money to a custodial account?
Each Custodial Account has a single custodian — the person who opened the account on behalf of the minor. The custodian can contribute to the account at any time. Custodians can also share a link that allows other people to give a gift directly to a beneficiary’s custodial account.…
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