Roth IRA for Kids: Hire Your Child and Invest

Have you heard about the life-changing benefits of a Roth IRA for Kids?

Dee from Kids Money Academy shares why a Roth IRA for Kids is so great and how to hire your kids in your business!

CHAPTERS
0:00 Intro
1:40 How is a Roth IRA for kids different than a traditional Roth IRA?
2:25 How early can your start investing in a Roth IRA for your child?
3:45 How do you prove earned income to the IRS?
5:53 3 Ways Your Child Can Make Money
7:00 What is considered a reasonable wage?
9:00 Ways to Include Your Child in Your Business
11:40 What is the impact of investing early?
13:38 Information About Kids Money Academy

#RothIRAforKids #CustodialRothIRA #HireYourKids #KidsMoneyAcademy #FamilyFinance #PersonalFinance

RESOURCES

Wanna Hire your Kids and start a Roth IRA for Kids? Check out Dee's resources here https://www.marriagekidsandmoney.com/...

GUEST BIO - Dee from Kids Money Academy

As a CPA and Finance Instructor at UCLA, having conversations with other adults about money comes naturally to Dee.

She founded Kids Money Academy to fill a huge need that empowers parents from all backgrounds to talk to their kids about money in a positive way.

Kids Money Academy answers the question, “How can I teach my kid about money in a fun and simple way?” by providing a framework that shows parents HOW to have conversations about financial literacy with their children from age 4 to 18 years old.

At Kids Money Academy, their mission is to reach as many parents and kids as possible to instill healthy financial habits that create an abundant money mindset and legacy for wealth.

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MARRIAGE KIDS AND MONEY:

This award-winning blog, podcast and YouTube channel are dedicated to helping families build wealth and thrive. Each week, Andy Hill shares actionable advice and tips for family financial independence. Also, he interviews personal finance experts, families who've achieved financial independence and debt-free parents to inspire you to do the same.

BIO - ANDY HILL:

Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.

Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.

When he's not ""talking money"", Andy enjoys being a Soccer Dad, singing karaoke with his wife and watching Marvel movies.

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DISCLAIMER
This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice.

Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

CREDITS

Research & Writing: Andy Hill
Video Editing: EditVideo.io
YouTube Channel Management: Kayli Groves -- https://www.weirdigitalmarketing.com/ "