Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How are accounts structured?

accounts structured
0
Posted

How are accounts structured?

0

Only one person – the account holder – can open and control an account. If the account holder is a minor, the account must have a custodian to act on behalf of the minor. Each account may have only one beneficiary (future student), but you may open as many accounts for as many different beneficiaries as you want.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123