Maturing Trust Funds
If you are soon to turn 18 and we look after your CTF account, you should have received some information from us letting you know that your account will soon mature. When this happens, you will be able to decide what you want to do with your money.
What are my options?
Here we’re outlining the choices you have when it comes to accessing the money from your Kingston Unity CTF account and what you need to do once you’ve made your decision.
You may already have an idea about what you want to do and the options here may just help you confirm that. Or you may have no idea, and these options can help give you further clarification about the decision you need to make and what further research to do or what to talk to someone about.
Withdraw all my money
You may already have plans for what you want to do with the money and need it all now to make those plans happen.
Transfer all my money to an adult ISA
Perhaps your plans are a little more long term and you don’t need immediate access to your money. If this is the case, and you want to keep saving into a tax-free product, you can choose to transfer the money into an adult ISA. This could be with us or another provider.
A bit of both
Perhaps you're torn over what to do or you don't need all of the money immediately. If this is the case, you can choose to withdraw some of the money and transfer the rest to an ISA to keep saving for the future.
It's important to remember you have to decide what to do with ALL the money. You can't leave any in your CTF account.