 | IRAs for Kids?
"Not only will modest contributions add up to significant savings...but it's also a way to teach your child an invaluable lesson - one he or she isn't likely to learn in school." -Smart Money |
 | Why Your Kids Need a Roth IRA
"Looking for the perfect gift for your children? Open a Roth for them, and start them on the road to retirement security." -Kiplinger |
 | Start your kids on the Roth road
"When it comes to retirement funds, a Roth IRA offers the greatest opportunity for growth because the money grows tax-free. Kids don't need the deferred taxes feature of a traditional IRA because they're probably not paying taxes." -Bankrate.com |
 | A beautiful idea
"Tax-free compounding of earnings inside an IRA is a beautiful idea — and a powerful one. The longer you can keep your money invested in a tax-free vehicle, the greater your wealth accumulation. What better way to accumulate a large amount of savings than to start during childhood? When tax-free compounding has more than 50 years to run its course, a relatively modest savings plan can produce substantial wealth." -Fairmark.com |
 | IRAs for Kids
"It will only take a few seconds for you to realize how powerful this can be for your child's investing and financial future." -Fool.com |
| Investing for Your Kids
"As a practical matter, you're probably going to want to choose the Roth IRA rather than the traditional IRA for your child. Both the Roth and traditional IRAs are primarly retirement vehicles. However, the Roth is more flexible: you can withdraw any contributions (as opposed to earnings) for any reason, without tax or penalty." -Fool.com |
 | Investment Gift Idea For Children: A Roth IRA?
"A few very forward-thinking readers have asked me about ways to help their kids or other young folks by giving them a Roth IRA. This seems like an awesome idea to grab them some tax-sheltered action." -My Money Blog |
 | Working teens can open Roth IRA
"But if Roths make sense for adults, they make even better sense for kids...Your child can withdraw the amount of contributions at any time without paying taxes or penalties." -USA Today |
 | Help Your Children Reach Financial Independence
"Roth IRAs for working children are an immensely powerful wealth-building tool and an excellent way to teach kids about money and investing." -Military Money |
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2/2/2010: Nationwide college tuition on the rise: It's kind of a perfect storm for students...referring to the double whammy of tuition hikes and threatened cuts in financial aid
2/1/2010: Parents, students on edge over soaring tuition: Tuition has been trending upward for years...The College Board says families are paying about $172 to $1,096 more in tuition and fees this school year. The national average for 2009-2010 is about $7,020...
2/1/2010: Website Offers Cutting Critique of Cal Tuition Hikes: Students are attempting to put faces and real stories to the tuition hikes and cutbacks by chronicling the impacts on a new website, Californiacuts.org
1/12/2010: Family investing after the recession: It all starts with saving. The earlier you do it the better...You could get a nasty surprise 18 years from now because the college would give less aid if you get the 529 plan.
Start your kids on the Roth road: ...a Roth IRA offers the greatest opportunity for growth because the money grows tax-free. Kids don't need the deferred taxes feature of a traditional IRA because they're probably not paying taxes. - Bankrate.com
Why Your Kids Need a Roth IRA: Looking for the perfect gift for your children? Open a Roth for them, and start them on the road to retirement security. - Kiplinger