Can a Minor Open a Roth IRA?

True or False.

A Minor can open a Roth IRA?

True.

There is not a minimum age to open a Roth IRA.

It is known as a Custodial Roth IRA.

The minor must have earned income.

Earned income can come in the form of a W2, babysitting, lawn mowing, or working in the family business.

It is import to keep records of the income, especially if it comes from informal employment.

Are you curious about what you are profiting from or supporting with the investments within your portfolio?

Go to my website ericboyum.com

Scroll down until you see the section titled Inspire Insight.

Click on the orange bar that says “Enter Your Symbols Here”

That will take you to a place to enter the ticker symbols of your individual investments.

You will then see the Inspire Impact Score and what factors went into the positive or negative score.

Click on those factors and you will be provided with details about the events that prompted the score.

I am not the advisor for everybody, but I am the advisor for somebody.

If you would like to align your values and beliefs with your investments, then I could be the advisor for you.

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Email: eric.boyum@inspireadvisors.com
Phone: 208-880-2244
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Investment Advisory Services are offered through Inspire Advisors, LLC, a Registered Investment Adviser with the SEC.

The opinions voiced in this material are for general information ONLY and are NOT intended to provide specific advice or recommendations for any individual.