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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.

Who thinks when they turn 2 you should put them to work and open the account...
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