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October 24, 2022

Roth IRA for Kids: Hire Your Child + Invest in Generational Wealth

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Have you heard about the life-changing benefits of a Roth IRA for Kids? It's essentially an investment account that allows you to invest for your children's future retirement needs with their earned income.

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

Overview: Roth IRA for Kids

Dee from Kids Money Academy reviews the following:

  • What is a Roth IRA for Kids (or a Custodial Roth IRA)?
  • Why is it important to invest early for kids
  • How to hire your child, pay them and invest for their future

LISTEN AND SUBSCRIBE ON:

Guest Bio – Dee from Kids Money Academy

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.

Resources – Dee from Kids Money Academy

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Podcast Resources:

Carpe Diem Quote:

It takes as much energy to wish as it does to plan.

– Eleanor Roosevelt

What do you think of the advice from Dee from Kids Money Academy? Are you looking to open a Roth IRA for Kids? And hire your child?

Please let us know in the comments below.


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. With millions of podcast downloads and video 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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Marriage Kids and Money Podcast

About Marriage Kids & Money

The Marriage Kids and Money Podcast is dedicated to helping young families build wealth and happiness.

With over 300 episodes and counting, we've interviewed millionaire parents, award-winning authors, and personal finance experts to help you find your version of family financial independence.

On Fridays, you'll hear me and my wife Nicole discuss life, money and relationships on our show "Bread & Wine".

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