Tax consequences of liquidating a utma


27-Apr-2020 04:36

If your Account is an Advisor Services Account, please contact your advisor, visit or call Schwab Alliance at 800-515-2157 for investment alternatives.In general, eligibility for Cash Features is based on the registered ownership of the Account and on applicable laws and regulations.Clients who become ineligible for the Money Fund Sweep feature will receive prior notification of such change in eligibility in accordance with Section 7. What this means for you: If you have any questions or need more information about the cash features described in this Disclosure Statement, please call us at 800-435-4000.If your Account is an Advisor Services Account, please contact your advisor or call Schwab Alliance at 800-515-2157.Current interest rates and yields for each Cash Feature can be obtained by phone at 800-435-4000 or online at If your Account is an Advisor Services Account, you can obtain current rates online at contact your advisor, or call Schwab Alliance at 800-515-2157.The interest rate and yields for the various Cash Features vary over time.There is no guarantee that the interest rate or yield on any particular Cash Feature will be or will remain higher than the interest rate or yield on other Cash Features over any period.

If you desire to maintain cash balances for other than a short-term period and/or are seeking the highest yields currently available, please contact your Schwab representative or visit for investment options that may be available outside of the Cash Features Program to help maximize your return potential consistent with your investment objectives and risk tolerance.

Information about eligibility for particular Cash Features is available at any time by contacting us or by going to

If your Account is an Advisor Services Account, information about eligibility for particular Cash Features is available at any time by contacting your advisor, calling Schwab Alliance at 800-515-2157, or going to

However, with respect to Managed Accounts and International Accounts, eligibility is determined as set forth in your Account Application.

We may change these eligibility requirements or make certain Cash Features available to Accounts that do not otherwise meet the published criteria.We may change the eligibility requirements for any Cash Features or the Cash Features Program as provided in Section 7 of this document.



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