
How to Open a Teen Roth IRA Account in 6 Steps
The 6 simple steps to take to open a teen ROTH IRA account, and get them started on the path to becoming millionaires.
The 6 simple steps to take to open a teen ROTH IRA account, and get them started on the path to becoming millionaires.
While most view a Roth IRA as an account to be opened later in life, the best time to start saving in this account is when teens are beginning to make their first buck.
April is financial literacy month – it’s a great time to teach kids how money works. One method is to use the “cost sharing plan”. This is how my parents used the plan with us, and considering that I’m using it with my kids today, I have to admit it worked!