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.
Here are a few other eligibility-related features of a Roth IRA: 1  You can make contributions at any age. 2  You are not required to take a ârequired minimum distribution (RMD)â from a Roth IRA. 3  A non-working spouse can open a Roth IRA based on the working spouseâs earnings (and the coupleâs tax filing status). You can still make your annual contribution if you also convert money from a tax-deductible account (like a Traditional IRA) to a Roth in the same year. You can contribute to a Roth even if you participate in a retirement plan through your employer.