Keyword Analysis & Research: acorns custodian

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Frequently Asked Questions

What is an acorns core account?

Acorns Core Account means a non-retirement brokerage account that the Carrying Broker establishes and carries for you to hold your ETF Shares and Cash and record your transactions. In the Application, Acorns may refer to your Acorns Core Account as “Acorns Invest”, simply “Invest” or “Acorns”.

How much does acorns cost per month?

With a $5 a month fee, this would come out to $60 a year and eat up 60% of your account balance. Once you get to $5,000, Acorns’ fees would only account for 1.2% of your account balance.

Are acorns spend accounts FDIC protected?

Acorns also offers an Acorns Spend deposit account. Acorns Spend accounts are FDIC protected up to $250,000. Acorns Visa™ debit cards are issued by Lincoln Savings Bank, member FDIC for Acorns Spend account holders. "Acorns" and "Invest the Change" are registered trademarks of Acorns Grow, Inc.

Is acorns early right for your child?

Acorns Early is a simple way to invest in a child’s future. It’s an UTMA/UGMA account that lets parents, guardians or family members create a custodial account for a child right in the app. This Acorns Early review will help you decide if this type of account is right for your child.

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