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Money and Finances
Reply to "Roth IRAs for Kids"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We wanted to teach them the value and importance of saving and compounded interest. Once they started W2 jobs at 15 (lifeguards, unfortunately babysitting didnt count), we offered to match however much they put in. [/quote] But your match is just their spending money or what because it can't go into the Roth[/quote] I guess I wasn't clear. Kid earns $1,500, they put $500 in their Roth, we put $500. Still not at the max[/quote]
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