How Teens Can Start Investing Through a Roth IRA
by Rivan V. Stinson, Associate Online Editor, Kiplinger.com
Oct 03, 2019
2 minutes
[Question]My grandson earned $1,000 during a summer job, and he now wants to open a Roth IRA account. How does he get started?
[Answer]If your grandson isn't a minor, he can open a on his own at an investment firm. If he's younger than 18,, and offer Roth IRA custodial accounts that have no minimum investment requirements and no maintenance fees, making them good options for young workers with small sums to invest.
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