Open both a brokerage and cash management account to easily transfer your funds.
Open both accounts
Eligible accounts
You can open these accounts with no account fees or minimums. Either may be linked to a Youth Account to monitor your teen's activity—and transfer money, if desired.
Brokerage account
Trade smarter with $0 commissions* for online US stock, ETF, and option trades; fractional share trading for a slice of your favorite companies; and powerful research tools.
Cash management
Save, spend, and invest with our smart alternative to a bank account with no account fees or minimums, ATM fees reimbursed, and FDIC coverage up to $1.25 million.
The following accounts may be used to open and monitor the activity in a Youth Account—but they do not offer the option to transfer money to your teen's account.
Roth IRA
Traditional IRA
Rollover IRA
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