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I’ve been very fortunate this last year, and I’d like to help my younger siblings get started on investing since they haven’t started yet.

I have a couple questions though, because this is all foreign to me

Can I open an account in their name? Or how can I do this easily for them?

Since my investments are through my employer, i don’t know how to do this independently, what is a good company to open an account with?

Is there any way I could open an investment type account for my siblings who are under 18? If not an IRA, something that wouldn’t be college specific, (since a couple may not end up going to college).



Submitted November 10, 2021 at 09:50AM by jiggywitit2 https://ift.tt/3wxWGkA

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