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My parents do not know much at all about investments or retirement funds. Is it possible to set up a retirement fund for them?
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No. of Recommendations: 1
Grrdsoto,

Sure. Roth IRAs are a geeat choice because any returns are tax free since it is funded with post-tax money. There are many online brokers that provide Roths.

I would recommend reading the previous posts on this board for beginning investors. If they dont have time or interest in following their investments carefully, index funds are a great choice.

David
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