@socialcap: The #custodialrothira is an opportunity like no other and provides the chance to make $1 become $44 down the road. #investing #finance #wealth #taxfree #retirement #socialcap
Why open the Roth IRA before funding it with their earned income?
2024-10-02 21:11:31
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Jnorms :
Would a custodial brokerage account be beneficial for your child as well? That way I can contribute more than the Roth max contribution limit yearly for them?
2024-10-02 21:41:36
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Josh Huffman :
Can u not contribute to a Roth before they earn their own money?
2024-10-03 02:58:26
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DefinitelyNotOzie :
How does #5 work? Would it be a gift or through self owned business?
2024-10-02 21:09:44
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david_carter_69 :
Awesome! Too late for me but something I share with my grown children who are about to start families.
2024-10-02 22:07:35
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user190450535429 :
529s can roll over to a Roth now, so max that first
2024-10-13 17:24:40
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Louisiana Cajun Critter’s :
Are there income limitations to starting a Roth IRA?
2024-10-08 16:35:05
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User19305631 :
Plus start a 529 plan
2024-10-09 11:42:41
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user9791777611721 :
Actually you can open a “minor Roth IRA “ with fidelity. And contribute until he becomes 18 yo then you transfer it to him.. at that point you can do the matching
2024-10-02 21:04:47
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I can hear them snoring :
my son takes pictures of our investment properties when we arrive and depart (maintenance or vacation). this gives us inventory and status for insurance.
2024-10-03 12:46:21
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user6938164047980 :
Hey Tyler, my kids 9,6,5.. I opened a Roth IRA for minor with fidelity..what are your thoughts on that ? Can I keep contributing to it ? Or do I need to show proof of their income ? Please let me know
2024-10-02 22:02:50
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Sean O’ :
You’re great… Thank you man!!
2024-10-29 23:59:03
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user5247210219583 :
Any tips for what to do in an economy that has hyperinflation - which I think is coming to the US soon due to ballooning Natl debt?
2024-10-04 01:27:40
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vrussett :
why would you open the roth ira when they were born? could you wait to open it until they got a job or is it more beneficial just to have it open now?
2024-10-03 01:56:56
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pastagirl :
If you match dollar for dollar, is that going in the roth? It's not earned, so how is that ok? Or is that to replace the money they put in to use as spending cash?
2024-10-02 22:35:04
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kurlly40 :
Any advice for Canadian
2024-10-29 18:36:42
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Scott Swartz :
I started an account for both my kids when they were two with $100/mo. They now contribute their own and it’s a huge start to being financially successful.
2024-10-03 15:04:18
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Me2 :
Can a grandparent try and structure an employment arrangement for children as young as 8/9 or can it only be the parent? Thank you!
2024-10-08 19:16:06
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Alex Holub443 :
Is it better to contribute directly to a CRA or to a 529 and convert to RIRA?
2024-10-26 18:12:51
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JMad :
Why earned income?
2024-10-17 21:08:09
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Heslink :
How do you set them up if they babysit for others at 14? Do they need an ‘employer’?
2024-10-02 22:29:21
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