Think you’ve missed the boat on building wealth for your child? Think again. In this episode of TinyTrusts, we break down how to invest for your child even if they’re already a pre-teen or teenager. You’ll learn: - Why starting late still works—and why it’s more common than you think - What accounts to open if your child is older - Realistic strategies for ages 10 to 17 - A simple ETF portfolio you can set up in minutes - How to involve your teen and teach them investing habits that last a l...
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Think you’ve missed the boat on building wealth for your child? Think again. In this episode of TinyTrusts, we break down how to invest for your child even if they’re already a pre-teen or teenager. You’ll learn: - Why starting late still works—and why it’s more common than you think - What accounts to open if your child is older - Realistic strategies for ages 10 to 17 - A simple ETF portfolio you can set up in minutes - How to involve your teen and teach them investing habits that last a l...
Custodial Roth IRA vs. Custodial Brokerage: Which One Is Right for Your Child?
TinyTrusts: Smart Money for Smart Kids
6 minutes
4 months ago
Custodial Roth IRA vs. Custodial Brokerage: Which One Is Right for Your Child?
Should you open a Custodial Roth IRA or a Custodial Brokerage Account for your child? In this episode of TinyTrusts, we break down the pros, cons, tax implications, and ideal use cases of both accounts—so you can make the smartest choice for your child's future. 🎯 What You’ll Learn: - What each account does and how it works - Which one offers tax-free growth - When to choose flexibility over retirement savings - Real examples of how each can build generational wealth - How to start even if y...
TinyTrusts: Smart Money for Smart Kids
Think you’ve missed the boat on building wealth for your child? Think again. In this episode of TinyTrusts, we break down how to invest for your child even if they’re already a pre-teen or teenager. You’ll learn: - Why starting late still works—and why it’s more common than you think - What accounts to open if your child is older - Realistic strategies for ages 10 to 17 - A simple ETF portfolio you can set up in minutes - How to involve your teen and teach them investing habits that last a l...