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catoismymotor (21.13)

How To Give a Child Retirement Security - Bloomberg

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October 21, 2011 – Comments (3) | RELATED TICKERS: CSX , BRK-B , SO

This topic may already be covered in TMF archives. Even if it is I present this link. It may prove inspirational to a few of you.

-Cato

3 Comments – Post Your Own

#1) On October 21, 2011 at 11:16 AM, chk999 (99.97) wrote:

One caution, if a kid has a Roth, that is taken into account when applying for college scholarships.

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#2) On October 21, 2011 at 12:27 PM, Jbay76 (< 20) wrote:

According to one commenter in that link, assets in a Roth or any retirement account are excluded from determining eligibility for financial aid

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#3) On October 21, 2011 at 6:25 PM, smartmuffin (< 20) wrote:

Hmmm, what exactly will $10,000 a year be worth 50 years from now?  Enough to buy your kids a candy bar when they retire?  ;)

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