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TikTokchaseridgewayy
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I set up an LLC family management company, placed my daughter on payroll, and opened a Roth IRA in her name. $7,500 contributed every year until she turns 18. By 18 there will be around $200,000 to $300,000 in the account. By 65, at a conservative 8.5% return, that grows to $6.5 million in tax-free wealth. The LLC structure avoids the payroll tax issue that comes with placing kids on an S-Corp or C-Corp payroll. That is what makes it work. Comment WEALTH if you are a millionaire to get a free ta
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Everything you need to know before opening your ROTH IRA. Roth IRA Tutorial #financetips #2026 #rothira #financialfreedom
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#stitch with @yourrichbff Feel free to save! You can always refer back to this info when you’re ready! #money #rothira disclosures: @wealthfront
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