5min chapter

Rich Habits Podcast cover image

48: The 3 Most Important Financial Mistakes to Avoid in 2024

Rich Habits Podcast

CHAPTER

Paying Children Legitimately for Roth IRA Investments

Learn how to pay minor children in a legitimate way to invest in their Roth IRAs, with a maximum amount of $13,850 per child. Discover the importance of handling taxes correctly and reporting the income to the IRS, and get invited to monthly money challenges covering topics like automating investing and optimizing spending.

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