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

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

   The contribution limit for a custodial Roth IRA is the lesser of the total amount of money the child earned or the annual limit set by the IRS. For 2024, the limit is $7,000, but a child who earns ...

3. Surprise! Your Child Can Build a Million-Dollar Roth IRA ...

   www.aol.com/surprise-child-build-million-dollar...

   The maximum amount you can contribute to a child's custodial Roth IRA in 2024 is $7,000. If your child's income is less than that, their contribution will be capped at their earned income.

4. 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.

5. Roth IRA - Wikipedia

   en.wikipedia.org/wiki/Roth_IRA

   For example, a contribution of the 2008 limit of $5,000 to a Roth IRA would have been equivalent to a traditional IRA contribution of $6667 (assuming a 25% tax rate at both contribution and withdrawal). In 2008, one could not contribute $6667 to a traditional IRA due to the contribution limit, so the post-tax Roth contribution may be larger.

6. How to Build a Million-Dollar Roth IRA for Your Child ...

   www.aol.com/build-million-dollar-roth-ira...

   Consider matching contributions: If your child commits to saving $3,500 of their paycheck in their custodial Roth IRA, you can reward them by contributing the other $$3,500 to help them max out ...

7. 5 Secrets of Roth IRA Millionaires - AOL

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

   The path to becoming a Roth IRA millionaire can seem pretty uneventful. Every year, you contribute as much as possible up to the annual limit. In 2024, that means tucking away up to $7,000 if you ...