Are you looking for a way to secure a financially stable future for your child or grandchild? An IRA may be the solution! There is no minimum age for having an IRA and as long as your child has earned income, you can open an account in their name.
Your child can contribute to their IRA with their own money from working or a gift from you, and with the power of compound interest, they can get a significant head start on a secure financial future.
You can download the checklist “How to Use an IRA to Help Children in 5 Easy Steps” below.
Have more questions about setting up an IRA for your child? Contact Chris Robinson with RFG Wealth Advisory today for a no-obligation 15-minute call at 940-464-4104. RFGWealthAdvisory.com
“These materials have been independently produced by RFG Wealth Advisory. RFG Wealth Advisory is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. RFG Wealth Advisory provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.”
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