Starting a Roth IRA for a Teen

Posted by Creekmur Wealth Advisors on 4:00 PM on July 30, 2020

This early financial decision could prove helpful over time.

Want to give your child or grandchild a great financial start? A Roth IRA might be a choice to consider. There are many reasons why starting a Roth IRA for a teenager may be a sound financial strategy. Read on to learn more about how doing this may benefit both of you.

Tax-free benefits during retirement. Setting up a Roth IRA for the teenager in your life could prime them to have more retirement savings. Plus, a Roth IRA has the potential to accumulate over the years, and the owner may be able to better manage their tax burden if they withdraw the money after age 59½.1

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Topics: Financial Planning, Investing, Leaving a Legacy, Roth IRA

Leaving A Legacy To Your Grandkids

Posted by Creekmur Wealth Advisors on 8:05 AM on August 7, 2018

Now is the time to explore the possibilities.

Grandparents Day provides a reminder of the bond between grandparents and grandchildren and the importance of family legacies.

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Topics: 529 Plan, Uncategorized, UTMA account, creating trust fund, Family Legacy, financial legacy, Financial Planning, grandchild education, Grandkids, Grandparents day, Leaving a Legacy, Legacy Assets, Legacy Planning, Retirement

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