Can you create Roth IRAs for minors? Seems a tremendous long term growth opportunity.
Ryan Peterson, President, Copperleaf Capital| Ric responded, October 19, 2021
fryoneusa2021-11-01T17:49:00-04:00
Sure, provided they have an earned income. I often joke with clients that they should have their babies become models, appearing in ads for baby food and kids’ clothing. Let them earn an income so they can place it into a Roth IRA! Teenagers mowing lawns and babysitting can also open Roth IRAs. Mom and [...]
Ryan Peterson, President, Copperleaf Capital| Ric responded, October 19, 2021fryoneusa2021-11-01T17:49:00-04:00