No. of Recommendations: 2
Roy Lewis (TMF Taxes) wrote a TMF article several years ago on IRA's for kids. Knowing that the length of time is the greatest factor in determining the size of an IRA, my wife & I decided it was a great idea for our teenager and funded one through Schwab. Your child does need earned income. Read the article closely. Good luck to all, especially the children who will really thank you in the decades to come.

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