Savvy Senior

How to Help Fund Your Grandkids Retirement

Dear Savvy Senior,

Is there a way that we can put some money in a Roth IRA account for our young grandkids to use for retirement?

Curious Granddad

Dear Curious,

There sure is! Funding Roth IRAs for your grandkids when they’re young is a smart move and an incredible gift to their financial future. And you donít have to be rich to do it, either. Here’s what you should know.

Roth Rules

The Roth IRA is a fabulous savings tool for your grandkids. A Roth can literally turn a few hundred dollars a year now, into tens of thousands of tax-free dollars for your...