Custodial accounts for minors
If you're looking for a simple, affordable option for setting aside money for a child, consider a custodial account. As the account owner, you can manage funds for any child typically under the age of 18 or 21 (depending on state law). The child gains control of the account upon reaching that age. 在很多情况下, establishing a custodial account is easier 和 less expensive than setting up a trust, 和 it can be a great option for funding a child's education.
Important custodial account information
- The most common type of custodial account is the Uniform Transfer to Minors Act (UTMA) account. A few states also allow Uniform Gift to Minors Act (UGMA) accounts.
- Anyone (parents, gr和parents, 和 others) can contribute to these accounts.
- UTMA 和 UGMA accounts offer flexibility in how you invest 和 spend funds on a child before he or she reaches the age of majority 和 may allow you to take advantage of the child's potentially lower tax rate.
- All funds held in an UTMA or UGMA account are irrevocably the property of the designated child 和 must be managed 和 applied for the sole benefit of that child.
- An UTMA or UGMA account cannot be transferred to another child at any time.
To open a custodial account, please contact your 国营农场® registered agent.
风险披露
Before investing, consider the funds' investment objectives, risks, charges 和 expenses. This 和 other important information is contained in the fund 招股说明书 和 summary 招股说明书 which can be obtained by visiting schoener-einrichten.net. 仔细阅读. Securities distributed by 国营农场 VP Management Corp.
Securities are not FDIC insured, are not bank guaranteed 和 are subject to investment risk, including possible loss of principal.
Neither 国营农场® nor its agents provide tax or legal advice.
AP2023/05/0531