|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Retirement Investing |
||
|
URL:
https://boards.fool.com/an-ira-traditional-or-roth-can-receive-20298004.aspx
|
||
| Subject: Re: Openning IRA for children? | Date: 2/9/2004 10:50 PM | |
| Author: FuskieFool | Number: 39081 of 102464 | |
|
An IRA (traditional or Roth) can receive contributions for reportable income up to a $3k max. If your toddlers are raking in the dough, maybe some infant modeling or have some other source of income, then the answer is no. Fuskie Who thinks when they turn 2 you should put them to work and open the account... |
||
| Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||