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Benefits of a Custodial Account

This alternative to a trust account provides the following benefits:

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Withdrawals subject to beneficiaries lower tax rate
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Money belongs to the child at the age of majority
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Funds cannot be transferred to another beneficiary

Is a Custodial Account right for you? Find a financial advisor near you to help you open an account today or contact H&R Block Financial Advisors for a free financial review. Open an account now!

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