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Kids Planning for Retirement? Use a Roth IRA

Started by Epoch-Times-Bot, Oct 24, 2022, 01:30 PM

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Epoch-Times-Bot

Kids Planning for Retirement? Use a Roth IRA

If you’ve reached or are reaching retirement, you’re probably in one of two circumstances. You’ve either planned for retirement and are secure, or you’ve put planning off and are in a panic. Everyone told you to start early, but just how early?
It's said that you're never too young to start planning, and this could mean beginning as a minor. As long as a minor makes an income, they can start saving for retirement with a Roth IRA. This can help them feel secure 50 years down the road. But how does this work for a child, and is it worth it?...

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