Can I withdraw Early Invest matches from an Acorns Early Invest custodial account?

Article author
Tatiana B.
  • Updated

Thanks for investing in the next generation! You can withdraw matches from an Acorns Early Invest account a minimum of 4 years after the match date. This minimum time requirement is in place because we want to help you and your loved ones stick to your long-term investing goals

If you withdraw from your Acorns Early Invest custodial account before the end of the 4-year holding period, Acorns will remove a percentage of the match amount from your account balance. We will calculate the deducted amount during the withdrawal process. 

Here's how this works: 

Say you contributed $100 and we matched 1%, or $1, on October 1, 2024. This means the $100 contribution must remain in your account until at least October 1, 2028, to avoid the match being removed.

  • If you withdraw $50 before the 4-year holding period is up, we'll remove 1% of $50, or $0.50.
  • If you withdraw $100 before the 4-year holding period is up, we'll remove 1% of $100, or $1.
  • If you withdraw more than $100 before the 4-year holding period is up, we’ll remove only up to the match amount, which is $1 in this example.

This deduction applies to the removal of any funds within the 4-year holding period, except in the case of a deceased customer or if the beneficiary of the account (the kid) has reached the age of transfer. It doesn’t apply as a result of a change in investment value or market fluctuation.

For more on why it’s so important to invest early, often, and long-term for kids, check out this article

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