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A child can not get a tax advantaged account. You need earned income to contribute to those.
by what 2mo ago
A child can not get a tax advantaged account. You need earned income to contribute to those.
- spacefan1984 2mo agoIf you track chores you can actually set up your kids with a Roth 401k. For example, this company takes care of it for you https://www.halfmore.co/ https://www.halfmore.co/
- what 2mo agoNo. You can not consider payment for chores as earned income.