How Hiring Your Children Legally Can Help Them Build Million-Dollar Roth IRAs
By
Jerry Feng
Lacks bite. And filling. And a copy-editor at the bakery.
Summary
The article promotes a service that helps parents legally hire their children for real work, allowing them to contribute earned income to Roth IRAs for tax-free growth. It claims that contributing $4,000 annually from ages 10-18 can result in over $1 million by retirement age. The main barrier is paperwork (agreements, work logs, payment records), which the service aims to simplify.
Key quotes
· 4 pulledThe IRS lets you pay your kids for real work. That income can go into a Roth IRA and grow tax-free.
$4k/year from age 10-18 becomes over $1M by retirement.
The catch? Paperwork. Agreements, work logs, payment records. Most parents never bother because it's annoying.
We make it easy.
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