Suze Orman's Women & Money (And Everyone Smart Enough To Listen) cover image

Ask Suze & KT Anything: Why Did My Credit Score Drop?

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

00:00

How to Open a Roth IRA for a 12 Year Old

Tax lost harvesting is where it's what we do, believe it or not, at the end of every year. I look at everything that we have invested in outside of retirement accounts. And I harvest those losses, meaning I sell those stocks to offset the gains of the stocks that we have gains in. KT and Susie: Can you pay your 12-year-old boy to mow grass so he can open a Roth IRA for him with this money? Diana: Yes!KT and SusIE: You can but only up to a maximum of $6500.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app