Using IRAs to Help Children

Are you looking for a way to secure a financially stable future for your child? An IRA may be the solution! There is no minimum age for having an IRA and as long as your child has earned income, you can open an account in their name.

Your child can contribute to their IRA with their own money from working or a gift from you, and with the power of compound interest, they can get a significant head start on a secure financial future.

To learn more, click here to download “Using IRAs to Help Children in Five Easy Steps.”

Have more questions about setting up an IRA for your child? Contact our office at 516-294-5287 to schedule a time for a visit.