09/05/2026
When youâre investing for your kids, start with the goal, not the name of the account.
Different accounts solve different problems:
⢠A 529 plan may be a strong option when the primary goal is education.
⢠A custodial Roth IRA may be worth considering when your child has legitimate earned income.
⢠The new federal child investment account may provide another long-term option, particularly for eligible children who qualify for the governmentâs starter contribution.
Before choosing, compare the tax treatment, investment choices, contribution limits, withdrawal restrictions and when your child will need the money.
The right answer may be one account, or a combination of accounts serving different goals.
Save this for later and share it with a parent who wants to start building wealth for their children.
This content is for general educational purposes and is not individualized investment or tax advice. Eligibility, contribution limits and tax treatment may vary.
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