What is a KidVestor? 

KidVestor is custodial accounts that allow you to invest in Buy The Block that benefits a child. Funds in the account are considered an irrevocable gift that becomes a child's assets once they reach vesting age.

What are the benefits of a KidVestor custodial account?
Funds can be used for any purpose as long as it helps a child. You can pass money to a child once they reach the vesting age. Accounts can be funded with ACH, credit or debit card. Anyone can contribute on behalf of a child.

What are the tax advantages of a KidVestor custodial account?
The first $1,050 of a child's income generally is tax-exempt. The next $1,050 of unearned income generally is taxed at the child's tax rate, and unearned income over $2,100 generally is taxed at the parent's tax rate if the child is under age 19 (or is a full-time student under 24 years old) at the end of the year.

What are the investment choices for a KidVestor custodial account?
Access a full range of investments options, including debt, equity or convertible debt notes.

Who controls a KidVestor custodial account?
The account is owned by a custodian until the child inherits the assets upon vesting age. Beneficiaries cannot be changed because contributions into the account are considered an irrevocable gift.

How much can I contribute to a KidVestor custodial account?
There's a $2,000 limit to the amount you can contribute. There's no age limit or minimum for making contributions and withdrawals, but account ownership will be transferred to the minor upon reaching vesting age. You can invest as little as $10.00 in a KidVestor account. Your contribution cannot exceed the annual limits of $2,000 (or 5% of your annual income).

Can anyone else contribute to a KidVestor custodial account?
Anyone can contribute to a custodial account, including family members and friends.

How will this account type impact financial future?
KidVestor custodial accounts are treated as a child's asset and can be deemed as such by any institution that looks at your child's finances. Please contact an accountant and make sure it is a good fit for your child in the future.

Thank you for registering for our KidVestors program. This program may take up 90 days to complete, you will be the first to get notified as soon as we launch it.