@ssmaudio "- I told my kids (who are in their early 20s now) that the inheritance they’ll get is the 20k I put into each of their IRAs when they were 14. "
Curious how you did this? IRAs require a person to have taxable compensation to contribute , and IRA contribution limits have never been anywhere near $20K per person per year; the limit for 2021 is $6,000
Curious how you did this? IRAs require a person to have taxable compensation to contribute , and IRA contribution limits have never been anywhere near $20K per person per year; the limit for 2021 is $6,000