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Investing/Strategies / Retirement Investing
|Subject: Re: Roth IRA||Date: 2/3/1998 12:11 PM|
|Author: dabob||Number: 1607 of 76883|
"My son is 15 years old and has $1500 earned income to invest. To start a self-directed Roth IRA ..."
Sorry to not answer your question, but I am interested in the income part of your situation.
What are some examples of ways kids could get legit ("close to legit?") income - besides working at a burger stand at 16/17? In another post someone mentioned the kid would need a W2 (maybe 1099?). My kids are young - but wouldn't it be great to start a Roth for them... They don't have the temperament to be child models.
Any creative folks out there figured this one out?
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