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Smart Move for Parents—Open a Custodial Roth IRA With Your Kid’s Summer Earnings
A custodial Roth IRA is one of the best ways to help your child build long-term wealth from their summer earnings. With tax-free growth, flexible withdrawals, and the power of compounding, it’s a financial tool that could set your child up for retirement success. Learn how to open one and make the most of your child’s hard-earned money.