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.
1 You can make contributions at any age. 2  You are not required to take a âmandatory distributionâ from a Roth (traditional IRA account holders must start withdrawing money at 70 Â½). 3  A non-working spouse can open a Roth IRA based on the working-spouseâs earnings (and the coupleâs tax filing status).