|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Retirement Investing |
||
|
URL:
https://boards.fool.com/ltltso-once-the-account-is-completely-opened-10338412.aspx
|
||
| Subject: Re: Roth IRAs and Minors | Date: 9/25/1998 12:48 AM | |
| Author: Rayvt | Number: 5629 of 101035 | |
|
<<So, once the account is completely opened and you have the account numbers, personal broker, etc., THEN fill out the trading authorization/limited power of attorney form to allow one or both parents to select investment vehicles for the child. >> Why bother? With an internet broker, all you need is the userID and password. I manage 5 account for others, and with none of them have an official trading authorization. 'course, the broker won't talk to me on the phone---guess they can figure out that I'm not my mom. Ray |
||
| Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||