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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. 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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Q. What are the investment options for a custodial account?
Your investment options for a custodial account are going to match your risk profile. That means that you’ll see the same investment options on your Custodial account as your Invest account.…
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Q. How many custodial accounts can a minor have?
With Stash, Custodial accounts are only available on the Stash+ plan, which includes two Custodial accounts. However, multiple adults can open Custodial accounts for the same minor. For more information on Custodial accounts, check out this article on Stash Learn. …
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