![]() ![]() Note that custodial accounts can affect a student's financial-aid eligibility. And you can contribute up to $17,000 per year ($34,000 per year for a married couple) to your child's account without having to pay any gift tax. Unlike 529 plans, custodial accounts don't have to be used towards education expenses. Stash offers both traditional and Roth IRA accounts, and you can use Stash to open custodial investment accounts for kids. You can access these portfolios with the Growth plan. With Smart Portfolios, Stash invests your funds into personalized ETF and stock portfolios that strive to generate returns based off your investing goals and risk tolerance. This feature is ideal for those who don't want to make the day-to-day trading decisions in their account. Or you can choose to immediately invest your savings in an investment you already own in your portfolio. You can choose to move these funds to your cash balance until you're ready to invest them.
0 Comments
Leave a Reply. |