Follow these steps to make a withdrawal from your UGMA account:
Log in to your account.
Click on the account you'd like to make a withdrawal from.
Choose "Make Withdrawal"
Type in the amount and a reason for withdrawal
Withdrawals must directly benefit your child. Learn more about eligible UGMA withdrawals
Hit the "Submit Withdrawal" button
Important notes
You can make only one withdrawal at a time per account. If one is in progress, please wait until it’s complete before starting another. Depending on the status, you may be able to cancel a withdrawal.
Withdrawals cannot exceed $50,000 per day.
If you withdraw more than 90% of your account balance, we’ll withdraw the full amount. Your final amount may vary slightly due to market fluctuations. Your account will remain open for future deposits. Looking to close your account? Click here to learn how.
