Did you know that you can contribute up to $6,000 for 2021, but not more than the child’s 2021 earnings, to a Roth IRA for him or her? It’s a great way to start a savings account for them and all earnings grow tax-free. The pay-in counts toward your $15,000-per-donee gift tax exclusion. Any distributions after age 59.5 are nontaxable and contributions can be pulled out free of tax at any time. And $10,000 of earning can be taken out taxfree to buy a first house. Please get in touch for more information.
Five Star Wealth Manager Awards
Artemis is delighted to share that Leigh Bivings and Scott Gillespie have been named recipients of the 2023 Five Star Wealth Manager Award. The Five