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Custodial Roth IRA eligibility based on child's income

The hosts clarified that a child's eligibility to contribute to a Roth IRA is based solely on the child's own earned income, not the parents' income or dependent status.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
Custodial Roth IRA eligibility based on child's income · Zortix