Skip to main content
April 2, 2025
Question

what does custodial account mean?

  • April 2, 2025
  • 1 reply
  • 0 views
Bank accounts for minors

    1 reply

    CatinaT1
    April 2, 2025

    It means you are the responsible party for the account in a minors name. You are essentially just managing the account, but the minor is the owner.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"