Custodial Account vs Roth IRA for Kids: Which One Should You Open?

Custodial Account vs Roth IRA for Kids: Which One Should You Open?

A question I see asked constantly in investing communities goes something like this: “Should I open a custodial account or a Roth IRA for my kid?” It sounds simple. However, the answer depends entirely on which of three very different accounts you are actually comparing — and most of the confusion comes from the fact … Read more