Funding a 4-Year-Old’s Roth IRA
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My favorite part of my daughter’s Roth IRA is that she has earned it all. I have seen her work hard, learn valuable lessons, and truly earn her wage.

Roth IRAs, 529 Plans, and Financial Freedom (Megan Russell on FamVestor Podcast)
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On Monday, October 26, 2020, Megan Russell was interviewed by Sunny Burns and Sunmarie Burns of the FamVestor podcast.

Do Children Need To File A Tax Return To Fund Their Roth IRA? (2020)
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Don’t let stress about tax filing requirements keep you or your child from a powerful opportunity to provide for their future.

Q&A: Do I Need to File Schedule H for My Child’s Wages?
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I do not need to file Schedule H and imagine that most parent household employers also do not need to file this schedule.

Funding a 3-Year-Old’s Roth IRA
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My daughter was employed at her first job, earned her first income, and was able to fund her Roth IRA for the first time.

How to Fund Your Roth with Babysitting Money
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For domestic tasks like babysitting there are often two options: independent contractor or household employee. Taking the time to educate yourself on the difference may be worth your while.

Fund Your Child’s Roth with Chore Income
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There are many opportunities to pay your children. If that payment can be counted as earned income, then the child is eligible to fund their Roth IRA.

How to Open a Roth for Your Child
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Someone has to be proactive about your child’s retirement and every year you don’t open a retirement account is another year you’re holding back compound interest.

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