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12/5/24: How Even the Youngest of Kids Can Earn Income for a Roth IRA
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
Dec 05, 2024
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13 min
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Ep 524
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Transcript available on
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Episode description
Hiring your children through complex schemes like family management companies or S-corps isn't necessary to achieve your financial goals. Instead, you can pay your kids for legitimate earned income tasks to fund a Roth IRA in a simple and legally sound way. With major institutions eliminating tuition and AI reducing operational expense college is becoming more affordable than ever, freeing families from overwhelming financial burdens. #TaxPlanning #FamilyFinance #RothIRAForKi#FreeCollege #AffordableEducation #MITTuitionFree #AIInEducation #CollegeCosts #HigherEducationReform #FinancialAid #DebtFreeEducation #EducationForAll #FutureOfCollegeds #EarnedIncome #FinancialPlanning #BusinessTips #KidsAndMoney #LegalTaxAdvice #SimpleFinance #ParentingAndFinance ----- Join our mailing list:
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----- Links from today’s show: 12/9 Webinar - What the Election Results Mean for Crypto:
https://dacfp.com/events/what-the-election-results-mean-for-crypto
12/10 Webinar - The Retirement Revolution: ETF Solutions for Modern Retirement Planning:
https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning
2/24-2/26 Wealth Management Convergence-2025
https://www.thetayf.com/pages/convergence-2025
11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates:
https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income
10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs?
https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/
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----- Brought to you by: Invesco QQQ:
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https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones
Schwab:
https://www.schwab.com/
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12/5/24: How Even the Youngest of Kids Can Earn Income for a Roth IRA | THE TRUTH ABOUT YOUR FUTURE with Ric Edelman podcast - Listen or read transcript on Metacast
