No. of Recommendations: 0
Justin writes:

<<Hi everyone, it's Justin again. New problem... Many of the brokerages I have looked at do not allow minors to have a retirement account, even if I use my father as a custodian. Does anyone know of a brokerage that will allow a minor to open a Roth IRA account with or without a custodian? (I have tried Datek, Ameritrade, myTrade, & NetBank/UVEST)>>

Vanguard allows IRAs for minors in their fund family, so chances are good they will do so on the brokerage side of the house as well. I'd give them a try were I you. Unfortunately, the hardest part of using an IRA as a minor is getting the custodian to agree to it.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.