Why Kids Should Stash Summer Job Cash in a Roth IRA

There’s nothing quite like a first paycheck. For many teens, it comes alongside another first: weighing how to spend money they’ve worked hard for, rather than how to spend money their parents worked hard for. There’s a difference in how you process those dollars, mentally. A tank of gas turns into four hours behind the…

from NerdWallet
https://www.nerdwallet.com/blog/investing/kids-summer-cash-roth-ira/

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