Sentences with phrase «funds in the custodial account»

Note that the FDIC insurance maximum applies to all of the funds that you have on deposit with the bank that fails, including funds that you have in deposit accounts with the bank other than your American Express Serve - related funds in the Custodial Account.

Funds in a Custodial account are under control of the custodian until the child reaches the age of majority, which varies by state.

Not exact matches

Today, through our many subsidiaries, we offer investing and trading services for more than eleven million funded client accounts that total more than $ 1 trillion in assets, investor education services boasting hundreds of thousands of graduates, and custodial services for more than 6,000 independent registered investment advisors (RIAs).

Government has paid GH cents 3.1 billion in Tier 2 pension funds to the custodial accounts of various labour unions» pension schemes — a move that brings closure to a six - year tussle between government and the unions over management of the funds.

If you are an investor who owns mutual funds or ETFs, either in taxable accounts, IRA accounts, children's custodial accounts, variable annuities, pension funds, 401 (k) plans or 403 (b) plans, you probably own AAPL as part of those funds» portfolios.

At his insistence, we just opened a custodial account for our son so that he could invest half of his bank account savings in a low - cost passive index fund (Total Stock Market).

Custodial account Money in a custodial account can be invested in many different securities, including CDs, stocks, bonds, and mutual funds, and the assets don't have to be used exclusively forCustodial account Money in a custodial account can be invested in many different securities, including CDs, stocks, bonds, and mutual funds, and the assets don't have to be used exclusively forcustodial account can be invested in many different securities, including CDs, stocks, bonds, and mutual funds, and the assets don't have to be used exclusively for college.

Since the minor child is the owner of custodial account funds, any income or gains generated in the account also belong to the child and were taxed at the child's marginal tax rate rather than the parent's (usually) higher rate.

Custodial Account — UTMA * - You will be Custodian of this account and will manage the funds in this account on behalf of the MinorAccount — UTMA * - You will be Custodian of this account and will manage the funds in this account on behalf of the Minoraccount and will manage the funds in this account on behalf of the Minoraccount on behalf of the Minor Owner.

Even if funds in your American Express Serve Account (whether held by us or held in a Custodial Account) are protected from claims by our creditors, in the unlikely event of our insolvency, it is possible that you will not have access to those funds while court or other legal proceedings are ongoing.

You can use Express Funding for buy orders in individual, joint and custodial accounts.

At lower levels of assets (below $ 500,000 in a total portfolio) the prospective client should really use mutual funds, as these are much more efficient when transactions and custodial costs are taken into account.

In addition to investment advisory fees, each Fund pays other expenses including costs incurred in connection with the maintenance of securities law registration, printing and mailing prospectuses and Statements of Additional Information to shareholders, certain financial accounting services, taxes or governmental fees, custodial, transfer and shareholder servicing agent costs, expenses of outside counsel and independent accountants, preparation of shareholder reports and expenses of trustee and shareholders meetingIn addition to investment advisory fees, each Fund pays other expenses including costs incurred in connection with the maintenance of securities law registration, printing and mailing prospectuses and Statements of Additional Information to shareholders, certain financial accounting services, taxes or governmental fees, custodial, transfer and shareholder servicing agent costs, expenses of outside counsel and independent accountants, preparation of shareholder reports and expenses of trustee and shareholders meetingin connection with the maintenance of securities law registration, printing and mailing prospectuses and Statements of Additional Information to shareholders, certain financial accounting services, taxes or governmental fees, custodial, transfer and shareholder servicing agent costs, expenses of outside counsel and independent accountants, preparation of shareholder reports and expenses of trustee and shareholders meetings.

While money market fund managers say they are not seeing a sizable wave of redemptions yet, they are setting aside more cash, leaving it at custodial bank accounts in case investors demand their money back.

For example, if you have a Traditional IRA and a Roth IRA, you would pay $ 30 in annual custodial account fees, regardless of the number of funds you own in each account.

These customer funds are held in custodial bank accounts.