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.
Quarterly Market Outlook & Strategy Report
Leigh Bivings, Ph.D., CFP®, CDFA™
July 9, 2024
In this report, we review the market performance across asset classes in Q2. We also take a close look at the state of the private
