Investment Accounts

An investment account is a financial account that allows individuals to buy, sell, and hold different types of investments like stocks, bonds, mutual funds, and ETFs. Unlike regular savings accounts, investment accounts have the potential for higher returns but also come with risks.

1. Brokerage Accounts
Standard investment accounts that allow individuals to buy and sell securities.
2. Custodial & Education Accounts
Custodial Accounts (UGMA/UTMA - U.S.): Investment accounts for minors, managed by a guardian. 529 Plans & Education Savings Accounts (ESA): Designed for education expenses with tax advantages.