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Reply to "What age to start Roth/ retirement plan for teen daughter?"
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[quote=Anonymous]You can put in the same amount as what she earns. Our accountant had us open a Roth for DS the year he started lifeguarding. I think he earned about $3500 that summer, so we put that amount into the Roth for him as a gift. This is what we do each year. He is now 19 and while I haven't looked at his balance lately, I recall it being somewhere around $13000.[/quote]
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