Do You Have a Roth IRA for a Minor?

The plan would be then when the child is old enough to finally have earned income and therefore be eligible for a Roth IRA, you would then advise that the money slowly be moved into the Roth IRA. As long as I'm not simply giving an allowance, an allowance doesn't count. But if I had reasons that they would earn money or things they had to do whether it could be mowing the law, it could be helping around the house, that actually qualifies can be qualified as being paid for income that you could match. Fidelity also makes it very easy because you can invest with no minimum. And you can investment with no commission. Okay. So we're now at a point where