Help build a child’s future
- Manage a child’s portfolio until they come of age
- Can be managed by a parent or another designated custodian
- No contribution or income limitations
- Get easy access to your cash with a free debit card2, checking3, and Bill Pay4
stock and options trades5
no-load no-transaction fee mutual funds (NTF)6
Why open a Custodial Account?
Because it’s a convenient way to give a child a financial head start. You control the account until the child comes of age, with access to our full range of investing choices. And it offers tax benefits for both of you.
Build for the next generation
You control the account until the child turns 18 or 21 (depending on your state).
There are no contribution or income limitations, and you can make withdrawals for any purpose without penalties
The first $1,050 of earnings are not subject to federal taxes, and the account qualifies for the $15,000 annual gift tax exclusion
Investment choices, advice, and more
You’ll have access to our full range of investments, along with our learning materials, market analysis, tools, and advice
Trade more, pay less
With E*TRADE, you pay a $6.95 commission for stock and option trades. Here’s a quick overview of our clear, competitive per-trade pricing.
Explore similar accounts
IRA for Minors
For children under 18 with earned income
A Traditional or Roth IRA, managed by a parent or legal guardian for the benefit of a minor who has earned income.
Invest in a child's future
A Coverdell Education Savings Account helps you save for qualified primary, secondary, and post-secondary educational expenses.
Invest in what you want, whenever you want
Take on the market with our full suite of investments, along with E*TRADE's innovative tools, customer experience, and education.