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  2. Custodial Roth IRAs: Everything Parents Need To Know - AOL

    www.aol.com/custodial-roth-iras-know-181258629.html

    A custodial Roth IRA is an individual retirement account designed for minors. The account belongs to the minor, but an adult opens and manages the account until they reach a specific age.

  3. Best custodial investment accounts - AOL

    www.aol.com/finance/best-custodial-investment...

    A custodial account is a popular way for parents and guardians to invest for their children’s future. Accounts are easy to set up and manage, and the adult custodian can choose from a wide range ...

  4. Custodial account - Wikipedia

    en.wikipedia.org/wiki/Custodial_Account

    A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary.

  5. Should I Open a Roth IRA for My Kids in 2024? - AOL

    www.aol.com/open-roth-ira-kids-2024-073000916.html

    Image source: Getty Images. How a custodial Roth IRA works. A Roth IRA is a tax-advantaged account that comes with many benefits, such as tax-free income during retirement and the ability to ...

  6. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An individual retirement account [1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings.

  7. Custodian bank - Wikipedia

    en.wikipedia.org/wiki/Custodian_bank

    According to the Internal Revenue Code (IRC) in the US, various retirement accounts such as: Traditional IRAs, Roth IRA, SEP IRA, or 401k plan accounts require that a qualified trustee, or custodian, hold IRA assets on behalf of the IRA owner. The trustee/custodian provides custody of the assets, processes all transactions, maintains other ...

  8. What is a custodial account? - AOL

    www.aol.com/finance/custodial-account-173403481.html

    Here’s how custodial accounts work. For premium support please call: 800-290-4726 more ways to reach us

  9. Roth IRA - Wikipedia

    en.wikipedia.org/wiki/Roth_IRA

    A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...

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