Can I open an account for a minor?

Asked 2 years ago
Calvert Investments offers options for opening accounts for minors through custodial accounts, which allow an adult to manage investments on behalf of a minor until they reach the age of majority. These custodial accounts can provide a valuable opportunity for parents or guardians to invest for a child's future. It is important to understand that the adult custodian retains control over the account until the minor reaches the specified age, at which point the minor gains full access to the funds. To get detailed information on the specific requirements and procedures for setting up a custodial account, including eligibility criteria and investment choices, it is advisable to visit Calvert Investments' official website. There, one can find the most current and comprehensive guidance, along with contact information should further inquiries arise.
Jeff Whelpley is the editor / author responsible for this content.
Answered Sep 5, 2025

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