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2. Custodial Roth IRAs: Everything Parents Need To Know - AOL

   www.aol.com/custodial-roth-iras-know-181258629.html

   A custodial Roth IRA is an individual retirement account designed for minors. The account belongs to the minor, but an adult opens and manages the account until they reach a specific age.

3. Custodial account - Wikipedia

   en.wikipedia.org/wiki/Custodial_Account

   A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary. [1]

4. Individual retirement account - Wikipedia

   en.wikipedia.org/wiki/Individual_retirement_account

   An individual retirement account [1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings.

5. Should I Open a Roth IRA for My Kids in 2024? - AOL

   www.aol.com/open-roth-ira-kids-2024-073000916.html

   Image source: Getty Images. How a custodial Roth IRA works. A Roth IRA is a tax-advantaged account that comes with many benefits, such as tax-free income during retirement and the ability to ...

6. Roth IRA - Wikipedia

   en.wikipedia.org/wiki/Roth_IRA

   A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...

7. What is a custodial account? - AOL

   www.aol.com/finance/custodial-account-173403481.html

   Here’s how custodial accounts work. For premium support please call: 800-290-4726 more ways to reach us

8. This CPA dad opened these investment accounts for his babies ...

   www.aol.com/finance/cpa-dad-opened-investment...

   An adult (usually a parent) can set up a custodial Roth IRA on behalf of a minor, and the minor becomes the sole owner of the account once they reach legal adulthood.

9. Individual Retirement Arrangements (IRA): Definition, Types ...

   www.aol.com/finance/individual-retirement...

   An IRA rollover is an account that allows you to move money from one tax-advantaged account to another, such as an IRA to another IRA or a 401(k) to another 401(k), without triggering any tax ...