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

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

   A custodial Roth IRA is an individual retirement account designed for minors. The account belongs to the minor, but an adult opens and manages the account until they reach a specific age.

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. 11-Year-Old Aspiring Investor Asks: Roth IRA Or UGMA? Suze ...

   www.aol.com/finance/11-old-aspiring-investor...

   A UGMA account is a custodial account that allows minors to own securities and other assets under the management of a parent or guardian. ... A custodial Roth IRA is a retirement savings account ...

5. Ask the experts: My kids will begin college in 10 years. What ...

   www.aol.com/finance/ask-experts-kids-begin...

   A custodial account under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) is another way to invest money for your child’s future. ... says a custodial Roth IRA ...

6. 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.

7. 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 ...