custodial account
concept
19 mentions
10 recordings
first heard Dec 2021
last heard 7 Sep
↑5 this month
Financial account managed by an adult for a minor's investments
Trend
Peak in the day, 7 Sep — 6 mentions across 1 series.
Moments
newest first · ▶ plays the momentRyan SterlingNerdWallet's Smart Money Podcast · Seven Steps for Prioritizing Money as a High Earner (from Yo... · 41:01 · 7 Sep
…The 529 plan is used for college expenses, and then the custodial account is a…
Ryan SterlingNerdWallet's Smart Money Podcast · Seven Steps for Prioritizing Money as a High Earner (from Yo... · 40:54 · 7 Sep
…So, you know, what one thing we've seen is people actually utilize both, where they utilize a 529 plan and a custodial account.…
Ryan SterlingNerdWallet's Smart Money Podcast · Seven Steps for Prioritizing Money as a High Earner (from Yo... · 40:42 · 7 Sep
…When you put money into a custodial account, it is specifically for that child and it is their money.…
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