Message Font: Serif | Sans-Serif
No. of Recommendations: 0
with pros / cons of hiring/paying kids to build their college funds?

Whose kids? Your own kids? I don't think there's much benefit to them to have the money into their names, more of it is expected to go toward college expenses.

On the other hand declared income can be beneficial because they can put it into a Roth IRA. I believe 2gifts can talk more about the benefit of that.

- Megan
Print the post  


Paying For School Guide
Trying to Tackle Tuition? The Motley Fool's Guide to Paying for School will help you fight those rising education costs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.