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Vote? Not yet. Invest? Yes. Fidelity launches teen accounts


Vote? Not yet. Invest? Yes. Fidelity launches teen accounts
Fidelity is launching a new type of account for teenagers to save, spend and invest their money
By Associated Press
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FILE - In this Oct. 14, 2019 file photo a Fidelity Investments logo is attached to a building, in Boston. Fidelity is launching a new type of account for teenagers to save, spend and invest their money. The account is for 13- to 17-year-olds, and it will allow them to deposit cash, have a debit card and trade stocks and funds. (AP Photo/Steven Senne, File)
NEW YORK Looking to draw in the next generation of investors, Fidelity Investments is launching a new type of account for teenagers to save, spend and invest their money. ....

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Vote? Not yet. Invest? Yes. Fidelity launches teen accounts

NEW YORK • Looking to draw in the next generation of investors, Fidelity Investments is launching a new type of account for teenagers to save, spend and invest their money. ....

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Fidelity program aims to get teens financially literate | Business


Fidelity program aims to get teens financially literate
Associated Press
NEW YORK – Fidelity Investments is launching a new type of account for teenagers to save, spend and invest their money.
The account is for 13- to 17-year-olds, and it will allow them to deposit cash, have a debit card and trade stocks and funds. The teens can make their own trades through a simplified experience on Fidelity s mobile app, with zero account fees or minimum balances, though the youth account requires a parent or guardian to have their own account as well.
Fidelity s youth account will not put limits on how much or often a teen can trade, though it won t let them buy or sell cryptocurrencies, stock options or ETFs that use borrowed money to supercharge gains and losses. Fidelity s hope is that parents and guardians will use the new youth account as a way to have conversations about how to safely invest. ....

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