Have you thought about opening a Roth IRA for your child? A Custodial Roth IRA can be a great way to start saving for a child's future, but it's important to understand the tax implications and the income requirements before opening an account. In this episode, Melissa Fradenburg, AIF, ® discusses how a Custodial Roth IRA allows parents to start saving for their child's future early as well as some of the limitations and considerations before opening this type of account.
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