I want to use an account where I can invest for my children, but the money is accessible before they’re 18. I think I could use a custodial account to invest the funds, but I want to make sure that I can pull the funds out for purchases they may want. For example, if I have a young child who may not want to use the money for 10 years, but will want to pull it out later to buy a bike or a video game, will a custodial account allow me to invest the money to grow it more for them until they may want to use it?
