Skip to main content
February 28, 2025
Question

Can I open a Roth account for my minor children?

  • February 28, 2025
  • 1 reply
  • 0 views

Can I open a Roth account for my minor children? They are under 16 and to not need to file a tax return. All

of their Roth account is for work at home and not taxable.

    1 reply

    March 1, 2025

    Yes, you can open Roth IRAs for your children.  If they are not required to file a tax return, be sure to create logs of the work they do and their earnings and keep them with your tax records.