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How can I help my kids choose investments?

You can open and fund a custodial brokerage account, Roth IRA, ABLE account, special needs trust or 529 and help your kids select investments. It's never too early to start.

What is a kids' investment account?

Someone — usually a parent or guardian — sets up, funds and invests this type of trust, which the beneficiary will inherit. Of these eight investment account options, a kids' investment account is most commonly thought of as a custodial account. Read further for details on how to open one for the kid in your life. 1. Decide on an account type

How do I choose the best investment account for my kids?

No matter which type of brokerage account you decide to open for your kids, you'll need to start by finding a broker that offers custodial accounts. The best investment accounts for kids charge no account fees and have no minimum initial deposit. This allows your kids to start investing with a small amount of money.

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