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Grandkids

Starting Roth IRAs for Your Grandkids

on February 12th, 2015 by Jason Alderman

Many grandparents go above and beyond to offer financial help to adult children and grandchildren. If you’re seeking to contribute to your grandkids’ financial future, one option might involve opening a custodial Roth IRA (http://www.irs.gov/Retirement-Plans/Roth-IRAs) on your grandchild’s behalf as soon as he or she starts reporting earned income. While grandparents often find 529 college

Filed under: Finance Tagged as: Grandkids, Grandparents, IRAs, MetLife, tax-free

Honoring Grandparents Who Raise Their Grandkids

on August 22nd, 2013 by The Afro News

At a stage in life when many people are already comfortably retired, some 2.7 million grandparents have taken on the responsibility of providing basic needs for their grandchildren, according to data compiled by Generations United. An alarming 21 percent of these vital caregivers live below the poverty line, even though 60 percent are still in the workforce.

Filed under: Familly Matters, Opinion/Comment Tagged as: Grandkids, Grandparents
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