A custodial account is a savings or investment account an adult opens and administrates on behalf of a minor. The best custodial accounts offer features that matter most to both child and adult ...
This is the power of a custodial brokerage account: You can simultaneously save up fish for your child's future and teach her how to capture more fish down the road. A custodial brokerage account ...
Parents can manage a custodial Roth IRA until the child is 18, ensuring early investment benefits. No custodial fees are charged for opening a Roth IRA, making it a cost-effective investment option.