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Reply to "What age to start Roth/ retirement plan for teen daughter?"
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[quote=Anonymous]Opened one for each of the kids as soon as they had any old job (umpiring, etc--age 13 for one and 16 for the other). We used our money to fund it up to 8000$ total, but only equal to what they earned each year of course. DD first year had 350$ in umpiring money. Now DS made 10K last summer and funded his himself partially and partially Grandma donated some. Grandma had a deal to gift any summer money earned during college to each of the grandkids to fund their Roths. [/quote]
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