Tag: roth ira
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Why a Roth IRA for Your Teenager Is the Best Gift You Can Give
Your teenager thinks a Roth IRA is boring. They’re wrong. And in 40 years, they’ll know it. A Roth IRA funded in your child’s teenage years is one of the most powerful wealth-building moves available — and almost no one does it. How It Works A Roth IRA requires earned income. Your teenager needs a…
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Three Accounts Every Parent Should Open Before Their Child Turns 1
The best financial gift you can give your child has nothing to do with a savings bond or a college fund they’ll raid at 18. It has to do with time. The earlier you start, the more powerful the math. Here are the three accounts worth opening in your child’s first year — and why…