MarketWatch
US · 3 hrs ago
✦ 72◉ Centre
Fund a grandchild’s retirement tax-free from birth — if you can trust an 18-year-old with the money
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Quality 72/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
A new financial product allows grandparents to fund tax-free retirement accounts for grandchildren from birth, but transfers control to the beneficiary at age 18, creating a trust concern.
Fund a grandchild’s retirement tax-free from birth — if you can trust an 18-year-old with the money
A new birth-to-retirement account bypasses standard Roth IRA rules — but the beneficiary gets control at adulthood.
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