Custodial Account

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

$6.95

stock and options trades5

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.

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Build for the next generation

You control the account until the child turns 18 or 21 (depending on your state).

Convenience - image

Convenience

There are no contribution or income limitations, and you can make withdrawals for any purpose without penalties

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Tax advantages

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 - image

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

Get up to $600 plus 60 days of commission-free trades for deposits or transfers of $10k or more.1 How it works

Get up to $600 plus 60 days of commission-free trades for deposits or transfers of $10k or more.1 How it works

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