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

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

   Like a custodial Roth IRA, a custodial IRA is owned by a minor but opened and managed by an adult until the child is legally able to take over responsibility for the account. The primary ...

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

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

   Your child's income must be below a certain threshold to contribute to a Roth IRA. You can contribute up to 100% of your child's earned income to the Roth IRA, with a maximum limit of $7,000 for 2024.

4. Roth IRAs: What they are, how they work and how to open one - AOL

   www.aol.com/finance/what-is-a-roth-ira-123943445...

   Additionally, with a Roth IRA, you don’t have to take a required minimum distribution like you would with a traditional IRA, and you can continue to fund the account past age 70 ½ if you have ...

5. 5 Secrets of Roth IRA Millionaires - AOL

   www.aol.com/finance/5-secrets-roth-ira...

   If your child has a part-time job, you can open a custodial Roth IRA and both of you can pitch in up to the annual contribution limit. Keep in mind that the total contributions can't exceed your ...

6. 7 Best Mutual Funds To Buy and Hold in a Roth IRA

   www.aol.com/finance/7-best-mutual-funds-buy...

   Explore the best mutual funds for Roth IRAs to grow your retirement savings tax-free. Find top funds and see how they can help you build a strong financial future.

7. 2 Great Reasons to Open a Roth IRA for Your Kids in 2024 - AOL

   www.aol.com/2-great-reasons-open-roth-110000602.html

   Image source: Getty Images. 1. Teach financial responsibility. Since Roth IRAs don't have age limits, you can open a Roth IRA for your child and provide them with a hands-on financial education ...

8. How to Build a Million-Dollar Retirement for Your Child ...

   www.aol.com/build-million-dollar-retirement...

   If it does, your child can look into a traditional IRA and other ways to save for retirement. 2. Create a smart contribution plan. The Roth IRA contribution cap for anyone under 50 is $7,000 in ...

9. Building Long-Term Wealth: Why I Chose This Vanguard ... - AOL

   www.aol.com/finance/building-long-term-wealth...

   Since withdrawals in retirement are tax-free, housing aggressive growth investments in a Roth can maximize the benefits of long-term capital appreciation. This is why I've made the Vanguard S&P ...