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re: 14 Year Old Wants to Invest
Posted on 4/4/17 at 9:35 pm to yellowhammer2098
Posted on 4/4/17 at 9:35 pm to yellowhammer2098
Not familiar with that type of account. Can I also gift my child the max every year for her to invest?
1
Posted on 4/4/17 at 9:40 pm to CaptainJ47
Investopedia
ETA: Not sure if this avoids your tax bracket issue but it is what was given to me as a minor. Basically got the account transferred to me once I graduated college (though I think technically it should've been mine from 18 on.. probably best I didn't have access to the money till after college).
ETA: Not sure if this avoids your tax bracket issue but it is what was given to me as a minor. Basically got the account transferred to me once I graduated college (though I think technically it should've been mine from 18 on.. probably best I didn't have access to the money till after college).
This post was edited on 4/4/17 at 9:45 pm
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