For any parent, it’s important to provide the best possible start for their children. One way you can do this is by beginning early with financial investments and planning for their future. Having a Roth IRA in place for your child is an excellent way to take give them a head start with their long-term financial future, no matter how much income they make each year, or what type of work they are doing — from babysitting and mowing lawns to starting their own business. With compounding interest, the power of time and proper budgeting, these investments can become incredibly powerful tools that will result in steady returns during retirement years. Read on to learn more about how setting up a custodial Roth IRA account now can be beneficial to shaping your child’s bright future!

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