Using IRAs to Help Children
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.
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Disclaimer:
Any information provided on this blog is accurate and true to the best of our knowledge, but omissions, errors, and mistakes are a possibility. The information presented on this blog is for informational purposes only and should not be seen as financial advice. Consult with a financial professional before taking any sort of action on the information present in this blog. We reserve the right to change how we manage and run this blog and we may change the focus or content of this blog at any time.