Best Roth IRA Accounts for College Students

Best Roth IRA Accounts for College Students

A common question I see asked in personal finance communities goes something like this: “My kid just started college and has a part-time job — can they open a Roth IRA?” The answer is almost always yes, and the follow-up question — which are the best Roth IRA accounts for college students — is exactly … Read more

Types of Home Businesses You Can Legitimately Pay Your Kids Through

Types of Home Businesses You Can Legitimately Pay Your Kids Through

One of the most common questions I see asked in self-directed investor forums goes something like this: “Can I pay my kid for doing chores so they have earned income to fund a Roth IRA?” I completely understand the instinct. The Roth IRA is one of the most powerful tax-sheltering tools available, and wanting to … Read more