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"Exploring the Basics of Custodial Roth IRAs for Personal Finance - #Shorts"

🤑🤑🧐Understanding Custodial Roth IRAs | Personal finance #shorts #Financemode #@financemode. Financemode Video Related Tags: If You Like our Video, So Please Subscribe, like, Share And Comment on the channel And Press The Bell Icon... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA When it comes to saving for retirement, there are many options available to you. One popular choice is the Roth IRA, which allows you to save for retirement using after-tax dollars. However, there's another type of Roth IRA that's specifically designed for parents or guardians who want to save for a child's future: the custodial Roth IRA. What is a custodial Roth IRA? A custodial Roth IRA is a retirement savings account that's set up for minors. The adult who sets up the account (the custodian) manages th...