Teen Ira Gallery -

April is National Financial Literacy Month , the perfect time to explore one of the most powerful wealth-building tools available to young savers: the . While retirement might seem lightyears away, starting a "financial gallery" of investments today can turn modest summer job earnings into a million-dollar legacy by the time you reach adulthood. 1. What is a Custodial Roth IRA?

You can't just put birthday money or an allowance into a Roth IRA. The IRS requires earned income. teen ira gallery

: Starting at 15 versus 25 can result in hundreds of thousands of dollars in difference due to the "time value of money." 4. Beyond Retirement: Flexibility for Life April is National Financial Literacy Month , the