They are talking about raising the age for SS again they have dipped into it to many times and pay out to people that never paid in. If it's there great but planning on it is being quiet optimistic in my opinion. And why planning ahead for my kids will hopefully put them in a place they won't need it. I sure would rather have what I paid in over the years in a Roth. It would be there and I could pass it on to my kids and I would get a mich better return. But instead I'm paying for others many that didn't produce a thing. Great redistribution of funds.


Sure it great for mom since she got cancer and can't work and many others in her boat. And why I'm ok with what I pay now looking at it like I'm just paying what's going to mom. That way I feel like I'm getting some benefits out of the money stolen out of my check. If I do retire at , 57 I won't have insurance at all unless I pick up a high deductible plan. Hopefully I will be in good health but there is no guarantee I will even live out the week. I do know nothing goes like I plan so plan for that .lol. I could always get rich fur trapping if I quit my job.
Seriously though as will probably be there but in a much reduced form than it is today and near useless. Add in I may have to be 80 to draw it I'm not planning on it but if it's there it's a bonus.

Would have never been an issue documenting hours in our family.. Also if numbers are kept small enough or reasonable your not getting audited even today.

I’ve seen stories online where people use their infants in an advertisement for their business, pay them and start the roth contributions when they are a month old. Not sure if it’s just bogus internet info though, probably is.

I bet it's true. Child actors get paid so why not.

Another thing to look at is the college stuff and what they’re making I’m not up to date on that but it’s a question to ask the accountant.

They have a yard job this summer, they are to young yet to get an actual pay check job so odd jobs and chores it is. I am not home enough to take them around to do anything on a regular base.

Guess they could offer traping service during the session. Get them acd minded. Probably as good at trapping and most with a hand full of years at it .


Apparently I can't open a Roth for them with my Edward Jones guy because they won't open a custodial Roth for less than 5 k. They worked enough to do that but I didn't claim I paid them as much as they worked so since they didn't earn 5 k they don't have the opportunity to open an account there for the amount they earned.
I called vanguard lady said no minimum. I was driving and didn't have all the info I needed to open accounts so have not yet. What to check with fedility as well since I have one of my 401s there . That rubbed me the wrong way . I understand having minimums to open accounts but for a kids retirement account that will grow and bee there 40 years not so much. I believe my accounts there will not be getting any more monthly auto deposit, or a 401 roll over I was looking into. Don't think I will close the accounts completely since what's there are front load mutual funds and selling them to pay fees somewhere else doesn't make since but that fund limit will cost them all my future investments.

I do it every year!!!