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Glossary > G > "Guardian IRA" Definition

Guardian IRA

An IRA held in the name of a legal guardian or parent on behalf of either a child under the age of 18 - 21 (depending on state legislation) or an individual who is incapable of handling finances due to physical or mental disability.

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Guardian IRA - An IRA held in the name of a legal guardian or parent on behalf of either a child under the age of 18 - 21 (depending on state legislation) or an individual who is incapable of handling finances due to physical or mental disability.

Guardian IRA : an ira held in the name of a legal guardian or parent on behalf of either a child under the age of 18 - 21 (depending on state legislation) or an individual who is incapable of handling finances due to physical or mental disability.