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Roth IRAs are my favorite type of retirement account. One of the best things you can do for your child is get them started early saving that tax free nest egg! Roth IRAs have some very specific rules that must be followed if you want to take advantage of all the tax benefits.

In this video I discuss all the benefits and reasons why Roth IRAs are so powerful for children. I also discuss the requirements in order to open and contribute to a Roth IRA for children.

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