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You are here: Home / Roth IRA / 4 Benefits of Opening a Roth IRA for Your Kids | Personal Finance

4 Benefits of Opening a Roth IRA for Your Kids | Personal Finance

July 24, 2021 by Retirement

Give your child access to opportunities

A Roth IRA may not be the most popular vehicle to financial success, but there’s one undeniable benefit that your child will gain: the option to leverage the Roth IRA during every phase of life.

The Roth IRA can be your child’s companion during the college process, homeownership, and emergency situations. The best part is that it only takes a contribution of less than $25 a day to put your child on the path to a lifetime of rewards.

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