Acorns Early

How does Acorns Early work?

Although children cannot invest on their own, Acorns Early lets you invest in the future of children in your life. Because it is a custodial account, the child you opened the account for will not be able to access the account until they reach adulthood. Acorns Early works like you...
How much money do I need to open an Early account?

You can start investing for the future of a child you care about with just $5! You can make One-Time Contributions any time and even set up a Recurring Contribution!...
When can kids access money in their Early accounts?

Children can access the funds in their Early account when they reach adulthood. This may be anywhere from 18 to 25. Your state of residence will determine which rules apply to you. ...
Do I have to be an Acorns customer to open an Early account?

Yes, to open an Early account you must be a verified Acorns customer. Click here to sign up for an Acorns account. Once you have signed up for an Acorns account, select “Early for kids” on the Home screen to sign up for Early....
How is the portfolio for my Early account selected?

All Early customers are placed into our “Aggressive Portfolio” because of the age of the beneficiary. Given the child’s young age, there’s an opportunity to accept more risk in exchange for seeking a greater potential reward over time. ...
Can I roll over a 529 or another custodial account into my Early account?

At this time we do not support asset transfers. However, if you already have a custodial account, you can open an Early account and transfer over the funds using your linked bank account. Due to 529 legal requirements, you cannot transfer 529 funds into Early. However, you can still ope...
Why would I invest in an Early account instead of a 529?

You can use the funds you invest in Early for any expense that benefits the child named on the account. Funds held in 529s, on the other hand, can only be used for qualified educational expenses....
What is an UGMA/UTMA?

The Uniform Gift to Minors Act or Uniform Transfers to Minors Act allows the custodian, such as a parent, grandparent, relative, or friend, to open an account for a beneficiary, such as a child or grandchild. This is normally between 18 and 25, depending on the state the custodian resides. The...
Can I open an Early account if I live in a U.S. Territory?

Early accounts must be associated with an eligible U.S. state or territory, so that you can determine the legal age of transfer. This is the age the child must be for the account to be transferable to them. Since UGMA/UTMAs are only supported in two of the five territories, Guam and US Virgin ...
Can I open an Early account if I am in the Armed Services?

Yes, you can open an Early account if you are in the armed services. Early accounts must be associated with an eligible U.S. state or territory, so that you can determine the legal age of transfer. This is the age the child must be for the account to be transferable to them. Customers in the a...
How do I set up an Early account?

You can set up an Early account in less than 3 minutes. Please complete the following steps in your Acorns account to go through the Early sign-up process: 1. Log into your Acorns account 2. Select the “Early for kids” shortcut on the Home screen 3. Complete registration for the ch...
How do I add another child?

To create an Early account for another child: 1. Log into your Acorns account 2. Select the “Early for kids” shortcut on the Home screen 3. Scroll on the “Early” screen to the “Add a Child” card or in the top right corner tap the add a child icon 4. Input th...
Can I open an account for a child that is not mine?

Yes, you can open an account for any child whom you would like to invest for. You just need their legal name, date of birth, and Social Security number....
How do I set up a Recurring Investment for an Early account?

Investing on a consistent basis is the best way to help an Early account grow. To set up a Recurring Investment in an Early account: Log into your Acorns account Select the “Early for kids” shortcut on the Home screen Select the child’s card that you would like to set a Recu...
How do I make a withdrawal from an Early account?

To make a withdrawal from an Early account: 1. Log into your Acorns account 2. Select the “Early for kids” shortcut on the Home screen 3. Select the card of the child 4. Select withdraw from the top quick actions on the Account Details page Please note that withdrawals take ...
How do I cancel an investment for an Early account?

To cancel a pending transaction: 1. Log into your Acorns account 2. Select “Early for kids” shortcut on the Home screen 3. Select the card of the child 4. Scroll down to the “Recent Activity” card and select “View More” 5. Select the pending investment you ...
How do I find all of the investments in an Early account?

To view Early account activity: 1. Log into your Acorns account 2. Select “Early for kids” shortcut on the Home screen 3. Select the card of the child 4. Scroll down to the “Recent Activity” card and select “View More” to see all investment activity&n...
How much is an Acorns Early account?

Acorns Early is in the $5 subscription tier that includes Acorns Invest, Later, Earn, Grow, and Spend. (You must have an Acorns Invest account to open any additional Acorns accounts.) Invest — an investment account for your future Later — a retirement account for your future&nb...
What’s included with Acorns Early?

Acorns Early lets you start investing for the future of the children in your life. In addition to your personal Acorns Invest account and investment accounts for the children in your life, Acorns provides access to the following features and accounts at the $5 tier: Invest — an invest...
Can I open an Early account for all of my children?

Yes, you can open an Early account for all of the important children in your life through your $5 Acorns subscription....
Can I withdraw whenever I want? Are there penalties?

Yes, you can withdraw, penalty-free, from an Early account whenever you want. Remember, though, that any funds you withdraw must be used to benefit the child named on the account. Check with your financial advisor to see what requirements you may need to meet....
What if I want to close an Early account? Can my account be reopened?

To close an Early account: 1. Log into your Acorns account 2. Tap the menu in the top left corner 3. Tap on “Settings” 4. Tap on “My Subscription” 5. Scroll down to the bottom of your subscription and select “Close Account” 6. Select Early from the dro...
Where does the money come from to fund my Early accounts?

The funds that you invest in an Early account will come from the same bank account that you set up to fund your Invest, Later, and Spend accounts. To view what account you set up to fund your investments, please complete the following steps: For Mobile: After logging in to your account...
What if I have more than one child?

You can open an Early account for all of the important children in your life at the $5 subscription tier. For example, an Acorns customer with Invest, Later, Spend, and three Early accounts will still only pay a $5 monthly subscription fee. ...
How do I see Early account balances?

To view the value of an Early account: 1. Log into your Acorns account 2. Select “Early for kids” on the Home screen 3. Scroll to a child’s card to see the account balance...
What do I need to open an Early account?

You can open an Acorns Early account for any child under the age of 17, whether they’re your own child, a niece or nephew or even the child of a close friend. All you need is the child’s full name, date of birth, and Social Security Number....
How do I get a free Acorns Family or free Acorns Early account?

To provide some relief this year and encourage every family to save and invest every day, we are offering Acorns Family for free for babies born in 2020. To join our “Acorns Babies” promotion, follow these steps: 1. Open your first Acorns account on or after June 22, 2020 and befor...
How do I enter the Acorns Babies promotion?

To enter our “Acorns Babies” promotion, follow these steps: 1. Open your first Acorns account on or after June 22, 2020 and before March 1, 2021. 2. Subscribe to the Acorns Family tier. 3. Complete your Acorns Early account, including the child’s social security number...
How do I upload my baby’s birth certificate for the free Acorns Babies promotion?

To enter our “Acorns Babies” promotion, follow these steps: 1. Open your first Acorns account on or after June 22, 2020 and before March 1, 2021. 2. Subscribe to the Acorns Family tier. 3. Complete your Acorns Early account, including the child’s social security number...
How do I get the Acorns Early referral bonus?

To get your Acorns Early referral bonus, follow these steps: 1. Create an Acorns Early account by July 31, 2020. 2. Make an initial investment into your Early account of at least $5 before July 31, 2020. 3. Invite a friend using your Acorns referral link or code, or by tapping Settings ...
When will I get my Acorns Early referral bonus?

If you have completed the eligibility requirements for the Acorns Early referral bonus, you and your friend(s) will receive the first $5 each within 5-7 business days from making your first Acorns investment of at least $5. You will receive the remaining $45 bonus investment(s) per frie...
Do I have to be a U.S. citizen to get the Dwayne Johnson promotion?

Acorns Early is only available to United States citizens or permanent United States residents with a valid social secuirty number (SSN) or tax payer identification number (TIN). If you are not eligible at this time, stay tuned! One of our values is Never Stop Growing, so we look forward ...
How does Early Gifts work?

Gifting is an Acorns Early feature where friends and family with a United States bank account and a billing address in the United States can contribute to a child’s Early account. If you’d like your friends or family to make a gift, you can simply share a link, and they can give th...
How can my friends and family contribute to an Early account?

To share your custom Early Gifts link to friends and family so that they may invest in your child’s future, simply follow the steps below: Log into your Acorns account Select “Early for kids” shortcut on the Home screen Select the child Select the “Gifts&r...
Can anyone contribute to an Early account?

Anyone with a debit card, billing address in the United States, and a United States bank account can make an Early Gifts contribution to a child’s Early account. ...
Can I change the age of transfer for my Early account?

Once you enter the child’s name, date of birth, place of residence, and SSN, you cannot change the age of transfer. The age of transfer is set at the time the account is set up, which is required by the applicable gifting to minors laws. We cannot alter this date once the SS...

How does Acorns Early work?

How much money do I need to open an Early account?

When can kids access money in their Early accounts?

Do I have to be an Acorns customer to open an Early account?

How is the portfolio for my Early account selected?

Can I roll over a 529 or another custodial account into my Early account?

Why would I invest in an Early account instead of a 529?

What is an UGMA/UTMA?

Can I open an Early account if I live in a U.S. Territory?

Can I open an Early account if I am in the Armed Services?

How do I set up an Early account?

How do I add another child?

Can I open an account for a child that is not mine?

How do I set up a Recurring Investment for an Early account?

How do I make a withdrawal from an Early account?

How do I cancel an investment for an Early account?

How do I find all of the investments in an Early account?

How much is an Acorns Early account?

What’s included with Acorns Early?

Can I open an Early account for all of my children?

Can I withdraw whenever I want? Are there penalties?

What if I want to close an Early account? Can my account be reopened?

Where does the money come from to fund my Early accounts?

What if I have more than one child?

How do I see Early account balances?

What do I need to open an Early account?

How do I get a free Acorns Family or free Acorns Early account?

How do I enter the Acorns Babies promotion?

How do I upload my baby’s birth certificate for the free Acorns Babies promotion?

How do I get the Acorns Early referral bonus?

When will I get my Acorns Early referral bonus?

Do I have to be a U.S. citizen to get the Dwayne Johnson promotion?

How does Early Gifts work?

How can my friends and family contribute to an Early account?

Can anyone contribute to an Early account?

Can I change the age of transfer for my Early account?