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Lesli J Krishnaiah's avatar

love reading your substack! Question, how do you invest $167/month for Parker in the custodial Roth? I struggle with that because my girls at the moment don't have earned income. thx!

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Darnell Mayberry's avatar

Thank you, Lesli. Parker earns income through her role at Money Talks. Research ways your girls can earn income and follow a few simple steps to open the account. Here’s more detailed information on a Roth IRA for your child: https://www.investopedia.com/articles/personal-finance/110713/benefits-starting-ira-your-child.asp

I also wrote about our experience launching Parker’s Roth. Feel free to check it out here: https://www.investopedia.com/articles/personal-finance/110713/benefits-starting-ira-your-child.asp

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