Q. Can I withdraw money from my Stash Custodial account whenever I want?
A custodial account allows you to make a financial gift to a minor—with “gift” being the key word here. When you deposit money into a custodial account, it immediately becomes the minor’s property. Custodial accounts, also known as UGMA or UTMA accounts,…
Q. How long does a withdrawal take from a Smart portfolio?
When you request a withdrawal from your Smart portfolio, we’ll take over. First, we sell off the required amount of holdings to match your withdrawal request. Investment sales are required to satisfy your withdrawal request and may take up to two business days to complete and settle.…
Q. How much can I withdraw from my smart portfolio?
You can request a withdrawal from your smart portfolio for up to the total value of your Smart portfolio — minus any pending withdrawals. For example, if your Smart portfolio is worth $1,000, you can request a withdrawal for the full balance of $1,000 or any number up to $900.…
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