Personal Investments • Can a minor contribute to his own UTMA?

By the way, for simple banking needs and even investing, your son is old enough for Fidelity's Youth Account. The accounts are individually owned by the teen (starting age 13). You can see the account balances and transactions but they do it themselves. This would allow your son to have direct access to his funds without having to go through a UTMA or your joint account.
https://www.fidelity.com/go/youth-account/overview

Statistics: Posted by rkhusky — Wed Jul 17, 2024 9:35 am — Replies 8 — Views 511