Question

At what age does an UTMA account automatically transfer?

Answer

The transfer age varies by state. In most states, the default is 21, though some states transfer at 18, and a few allow the original account creator to specify an age as high as 25 or older. It’s important to understand that the transfer is irrevocable, and it is automatic when that age is reached. Check your state’s specific rules and review your account documents.

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