Custodial Roth IRA vs. Custodial Brokerage: Which One Is Right for Your Child? cover art

Custodial Roth IRA vs. Custodial Brokerage: Which One Is Right for Your Child?

Custodial Roth IRA vs. Custodial Brokerage: Which One Is Right for Your Child?

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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 your child has no income

Whether your child is earning their first babysitting check or just starting kindergarten, this episode gives you a clear roadmap to build long-term financial success.

📺 Watch the full visual breakdown on YouTube: youtube.com/@TinyTrusts

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.