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The custodian must transfer the account to the child within an allotted period of time once the child reaches a certain age (between 18 and 25, depending on the state). The custodian will be notified by Fidelity when the transfer needs to be initiated.

A teen can add money to their own Fidelity Youth Account by transferring money from the teen's outside bank account via electronic funds transfer (EFT) or by depositing a check into the Fidelity Youth Account. Teens can also add money to their Fidelity Youth Account by trading in gift cards for cash.

A Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) account is an account into which property is set aside for a minor's benefit. Whether a UGMA or UTMA account is used depends on the law of the state in which the account is established.

In some jurisdictions, at age 18 a UTMA account can only be handed over with the custodian's permission, and at 21 is transferred automatically.

You can file a Petition for Change of Name in the district court. See Iowa Code chapter 674. You will need to electronically file the Petition for Change of Name and pay the $195 filing fee.

Breadcrumb Go to govconnect.iowa.gov. Log in to your GovConnectIowa account. Click Register a New Business to get started. Follow the prompts on the screens to complete the business registration. Once the New Business Registration has been submitted, a confirmation number will appear on the screen.