Timothy Sumer

What is the easiest, greatest way to set your kids up to be a millionaire Today I am answering a question that I have received many times, in many different ways. This discussion is specifically for parents who want to set up a Roth IRA for their children. 🔎 RESOURCES MENTIONED 👇 🖥️ ✅ Roth IRA Success Story – How to Get $50,000 Tax-Free Money For Your Kids 🖥️ ✅ Roth IRA Rules For Minors. Your Kids Guide to Tax Free Money 🖥️ ✅ 5 Best Investments for Roth IRA in 2023 🖥️ 🖥️ 🔖CHAPTERS 👇 00:00 Intro 02:20 Why is this such a great gift? 04:25 Roth IRA Rules (for kids) 06:35 How do you set up a Roth IRA for kids? 09:06 Who owns the custodial account? 11:48 How does the IRA affect college funding? 12:32 Can multiple children share one Roth IRA account? 13:20 Not every brokerage offers custodial Roth IRAs ★☆★Buy Crypto Here★☆★ 💶Blockfi- Crypto Currency Saving Accounts : ➜Celsius - Free Bitcoin w/ New Account: ▶️ CoinBase - $5 Bitcoin New Accounts

It's apparent that many Americans lack financial literacy as adults. And that's not necessarily a fault of their own–they just haven't been taught! For those of you with kids of your own, it's your responsibility to make sure they know how to manage their money when it's time for them to fly the coop. Here are some ways you can start them early! Host: Nic Daniels BFA™, Financial Advisor The Real Money Pros ————————————————————— SPONSORS: Academy Mortgage Lively (HSAs and FSAs) Tree City Advisors of Apollon ————————————————————— Chapters: 00:00 - Intro 00:37 - 529 Plan 02:55 - Custodial Account (UTMA/UGMA) 04:14 - Minor Roth IRA 05:46 - Outro —————————————————————... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As parents, teaching our children about money management is one of the most important tasks in ensurin