IRA Babies

Wealth-building for babies through parent education and outreach

[IRA Babies @BabiesIra]

Why am I here?

A thread 👇

[IRA Babies @BabiesIra]

@Budgetdog_ 💯Thanks for spreading the word on #irasforbabies

[IRA Babies @BabiesIra]

@ricedelman @DaveRamsey @SuzeOrmanShow First time caller, short time listener.

I'm a baby looking for work. If I earn, say $500 through a modeling gig - Can I still contribute up to the $6,500 limit in my Roth IRA? #IRAsForBabies

[IRA Babies @BabiesIra]

@Cokedupoptions Did you forget to take your medicine grandpa?

[IRA Babies @BabiesIra]

@StressFreeKids Love this! As a baby, knowing that my parents have established a long-term tax-advantaged savings plan for my retirement eases all my worries #IRAsForBabies

[IRA Babies @BabiesIra]

@RampCapitalLLC Procreation

[IRA Babies @BabiesIra]

@dulceygorham @Vanguard_Group When the grandbabies eventually come, never forget #IRAsForBabies

[IRA Babies @BabiesIra]

@MichelleK444 @Vanguard_Group Noted #IRAsForBabies

[IRA Babies @BabiesIra]

@dulceygorham @Vanguard_Group Do your kids choose to go with a Roth or Traditional IRA? Guess it would depend on their expected tax bracket at retirement...

[IRA Babies @BabiesIra]

@jgm0223 @Vanguard_Group @jgm0223 Why not earlier? Asking for a friend

[IRA Babies @BabiesIra]

@bdkl_ @Vanguard_Group @bdkl_ Why not earlier? Asking for a friend

[Vanguard @Vanguard_Group]

@BabiesIra That's very early.

[IRA Babies @BabiesIra]

@jimcramer @MadMoneyOnCNBC @jimcramer Have you ever interviewed a baby?

[IRA Babies @BabiesIra]

@Jason IRA Babies

[IRA Babies @BabiesIra]

#financialliteracy > Dr. Seuss' babbling

[IRA Babies @BabiesIra]

@marshal Is he a W-2 or 1099 guy?

[IRA Babies @BabiesIra]

I'm short (still wearing 3-6 m onesies) but long $SPX $DJX $RUT

[IRA Babies @BabiesIra]

@AdamShoup I'm a baby

[IRA Babies @BabiesIra]

The goal of this account is to raise awareness of this possibility and inspire some ideas for Babies to generate taxable income and build wealth...

[IRA Babies @BabiesIra]

Why am I here?

A thread 👇

[IRA Babies @BabiesIra]

Your child, regardless of age, can contribute to an IRA once they earn income - defined by the IRS as "all taxable income and wages you get from working for someone who pays you or in a business you own"