St. Lawrence Seaway definition, a series of channels, locks, and canals between Montreal and the mouth of Lake Ontario, a distance of 182 miles (293 km), enabling most deep-draft vessels to travel from the Atlantic Ocean, up the St. Lawrence River, to all the Great Lakes ports: developed jointly by the U.S. and Canada. See more.
A uniform transfer to minors account, or UTMA, is a way that grandparents can put money away for their grandchildren. Sometimes called custodial accounts, UTMA accounts generally stay under the control of an adult custodian until the child reaches the age of majority.
Opening an IRA. The IRA for Minors is an individual retirement account set up for minors---those under age 18---by their parents or guardians. The account must be set up by the custodian (a parent or guardian), who has to sign the application. The key to establishing an IRA for a minor is whether he has earned income..