A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.


Friday, June 24, 2005

Excellent Article on Roth IRAs for Kids

John Waggoner of the USA Today has a really good article on Roth IRAs for kids who have summer jobs. The real beauty of a kid starting a Roth IRA is that they are most likely in a low tax bracket now and since they are starting so young their accounts have time to grow, chances are good that they will be in a higher tax bracket when they retire.

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