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2. Custodial Roth IRAs: What You Need To Know - AOL

   www.aol.com/custodial-roth-iras-know-181258629.html

   For example, the Roth IRA owner has the option to withdraw funds to buy their first home or wait to use the money for retirement — a 529 plan must be rolled over to a Roth IRA for this purpose ...

3. Should I Open a Roth IRA for My Kids in 2024? - AOL

   www.aol.com/finance/open-roth-ira-kids-2024...

   Image source: Getty Images. How a custodial Roth IRA works. A Roth IRA is a tax-advantaged account that comes with many benefits, such as tax-free income during retirement and the ability to ...

4. Roth IRA - Wikipedia

   en.wikipedia.org/wiki/Roth_IRA

   A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...

5. What is a custodial account? - AOL

   www.aol.com/finance/custodial-account-173403481.html

   A custodial account is a financial account managed by one person for the benefit of another. ... parents can open a Roth IRA for their children if the ... such as Vanguard. Custodial accounts are ...

6. Custodial account - Wikipedia

   en.wikipedia.org/wiki/Custodial_Account

   Custodial account. A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary. [1]

7. Vanguard Answers: What's the Ideal Tipping Point For My Roth ...

   www.aol.com/consider-roth-conversion-vanguard...

   When traditional IRAs are converted to Roth IRAs, only the pre-tax balance is subject to income tax. Vanguard research indicates that the greater the non-taxable basis, the lower the BETR, and the ...

8. This CPA dad opened these investment accounts for his ... - AOL

   www.aol.com/finance/cpa-dad-opened-investment...

   An adult (usually a parent) can set up a custodial Roth IRA on behalf of a minor, and the minor becomes the sole owner of the account once they reach legal adulthood. These accounts also offer the ...

9. How Much Does It Cost to Open a Roth IRA? - AOL

   www.aol.com/finance/much-does-cost-open-roth...

   Custodial fees: If you hold alternative assets like real estate, private equity or precious metals in a self-directed Roth IRA, you might have to pay custodial fees to the institution that holds ...