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Ask HTM - Sahm Rule Recession Indicator, New App Gives Kids IRAs, & Paying for Big One-Time Expenses #931

How to Money

CHAPTER

Investing Early: The Power of Roth IRAs for Kids

This chapter explores the long-term financial implications of traditional advisor fees and the substantial benefits of establishing Roth IRAs for children. It discusses a new app, Halfmore, which helps parents engage kids in chores while promoting early retirement savings and emphasizes the importance of teaching financial responsibility to foster generational wealth.

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