• A custodial account is a savings account set up and administered by an adult for a minor. In a broad sense, a custodial account can mean any account maintained by a fiduciarily responsible party on behalf of a beneficiary and may take many forms.


    Custodial Account meaning & definition 1 of Custodial Account.


  • a bank or investment account that is set up and managed for someone else, for example, by a childs parents:

    Custodial Account meaning & definition 2 of Custodial Account.

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