At what age can my child withdraw money from their Child Trust Fund account?
Child Trust Fund account holders can begin to manage the accounts themselves at the age of 16, but can’t actually withdraw money until the age of 18. At this point the Child Trust Fund account will close completely and the funds will be available to your child. There’s no restriction on how the money is used, although the idea is that your child could use it for education or training, or to help set up a home or a business.
