Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special ...

Which strategy is best for your legacy goals? Understand the tax implications, benefits and drawbacks of each strategy.

A Roth IRA can put your child on the path to a millionaire retirement. You can open a Roth IRA for your child whether they are 6 or 16, as long as they meet the necessary requirements. Make sure ...

Savings accounts are popular among kids, but giving them access to a Roth IRA (individual retirement account) could be the ultimate wealth builder. Anyone can contribute to a Roth IRA ...

President Donald Trump signed his new tax law on July 4, which included a provision that creates and funds investment accounts for babies born in the next few years. The accounts will be allowed to co ...

Shannon Liu Shair started 529s for each of her two kids when they were born and both accounts have grown to $100,000.

Each year, the news on Social Security gets worse. It’s not unusual for parents to worry about their kids’ retirement (let alone their own retirement). Parents, however, have retirement ...

A Roth IRA is one of the most powerful retirement accounts, and even kids can contribute to them.

Roth IRA: Now something for kids and young savers We can look at the Roth IRA, the Saver's Credit and the new myRA during the tax season. The Roth doesn't give a tax deduction but can offer some ...

You can set up a Roth IRA for your child, but they need to have earned income. Here’s what to know.

A Roth IRA can be an important wealth-building tool. Savings accounts are popular among kids, but giving them access to a Roth IRA (individual retirement account) could be the ultimate wealth builder.