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Updated over 1 year ago, 04/15/2023
How do you invest for your children?
1. What is your method of investing/saving for your children?
2. At what age can I open a Roth IRA and pay my kids an income? My financial advisor says we need to wait until they are 6 yo to not get audited. Every source I read and watch says to start when they are born. They are young now, so we would pay them for modeling for marketing pictures for my wife's business as a realtor. When they are old enough I will pay them to help with work on our rental properties. Appreciate the feedback!