My Child Trust Fund is maturing, what are my options?

Your OneFamily Child Trust Fund matures when you turn 18. At this point, you’ll be able to choose how to use the money in your child trust fund to set you up for the future you want.

When you log into your account after you turn 18, you’ll see options to:

• Move your money into an ISA
• Move your money into a lifetime ISA (to put it towards buying your first home)
• Move some of your money into one (or both) of the above ISAs and withdraw the rest
• Withdraw all of the money (it’s important to have a plan if you choose this option, otherwise it’s very easy to spend more than you intended!)

You can take your time to decide. If you do nothing, your money will simply stay invested and your account will become a ‘Matured Child Trust Fund’. However, you can’t pay into this type of account.

Find out more in our Next Steps guide.