• Finances, Budget, Retirment Planning

    What Happens When Your Child Turns 18

    Charlie has become more fascinated with Stocks and Bonds in the last year and Charlie’s turns 18 in December so I wanted to give Charlie a gift that would last a lifetime. I’ve been looking into stocks and bonds as well as Custodial Roth IRA. Researching all the different options can become overwhelming so I wanted to share tips I learned with you. In our family turning 16, 18 and 21 is a major milestone in our home not just socially and legally, but financially too. A Custodial Roth IRA is a retirement account opened by an adult (usually a parent or guardian) on behalf of a minor who has…

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