custodial account

Invest in their futures

Start with $1/day and put them on the right path, with penalty-free withdrawals¹ and an investment account for your child that grows with them.

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the power of compounding

See how their account could grow

Move the sliders to see how your child’s account might grow with them through the years. It’s a powerful way you could help them achieve their financial dreams!

ILLUSTRATIVE VALUE

$30,270

Monthly contributions

$30

Monthly gifts from others

$50

Years to grow

18

Average annual return

6%
This figure is provided for illustrative purposes to assist you in selecting a desired rate of monthly contributions and should not be relied upon or assumed to be an accurate projection of future account balances, which cannot be guaranteed. See full disclaimer >

A lifetime of possibilities

An account that grows with them, from childhood into adulthood. By investing for them when they’re young, contributions can add up over time and be withdrawn whenever they need, to help them achieve their dreams.

When they’re minors

When they’re minors

One-time set up
Gifts that grow
Use their account for:

Tuition

Art classes

Band uniforms

Sports equipment

Tutoring

Any child-related expense

SiPC protected up to $500k

Family & friends can send gifts

No more broken toys and unworn clothes!

Your child’s account comes with a unique gifting link that you can share with family and friends. They’ll be able to send personalized gifts for birthdays, holidays, or just because.

UGMA Gift Preview

Tax advantages*

Our custodial accounts are UGMA (“Uniform Gift to Minors Act”) accounts. In most cases, there are no taxes paid each year, or taxes will be much less than in a standard investment account.* See FAQ section for additional details.

A stack of coins.

First $1,250

Tax-free

A stack of coins.

Next $1,250

Taxed at the child’s rate

A stack of coins.

Beyond

Taxed at the parent’s rate

Here’s an example:

Profile image of a child.

Johnny’s account earned $1,500 this year.

How much would he pay in taxes?
Graph showing taxes by account.

Assumes that Johnny is in the lowest tax bracket (10%). Regular investment account would be taxed at the parents’ bracket (30% in this example).

Assumes that Johnny is in the lowest tax bracket (10%). Regular investment account would be taxed at the parents’ bracket (30% in this example).

Big dreams, small fees

You get all this with your account for only $3/mo.²
More than one account? It’s only $5/mo, flat.
Penalty-free withdrawals¹

Penalty-free withdrawals¹

Professionally managed portfolios

Professionally managed portfolios

Automatic monthly contributions

Automatic monthly contributions

Hand inside a circle.

Get started in as little as 5 minutes! Not satisfied? Cancel anytime.²

Get Started

For education...and beyond

Unlike a 529 plan, which is restricted to qualified education expenses, a UGMA investment account can be used for anything that benefits your child—no matter if it’s when they’re minors, in college, or beyond.

UGMA Investment Account
529 Plan

Education

Sports uniforms

Art supplies

First car

Wedding

Mortage

Retirement

Hand shake.
Can I have both?
Yes! Having both a 529 and a UGMA investment account is a great way to set your child up for financial success at any stage of their life.
Hand on the left side giving 25$.
Accounts will transfer to your child when they reach an age of majority (varies by state, typically 18-21 years old).
Hand on the right accepting money.

A trusted way to invest in their futures

Our investment accounts are known as UGMAs. UGMA accounts have been around since the 1950’s and are a trusted way to invest in your child’s future.

Asset management

Flexible portfolios

Security and privacy

SiPC protected up to $500kprotected up to $500k

Got questions? We’ve got answers.

*Fabric by Gerber Life and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
*Registration as an investment advisor does not imply any level of skill or training.
Social security numbers (SSNs) are used to verify your identities and prevent fraud. We use bank-level encryption for your protection.
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Start them early for a brighter financial future

UGMA app group.
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