It wouldn't suck if she threw $1K into a Roth now.

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EDGEMAN

Posted: 06/26/2025 at 02:11 PM ET

(In response to this post by Tafkam Hokie)

filling out tax forms for summer job for 16-year-old -- Dan1993 Jun 25, 2025 at 08:14 PM ET

Dan1993 • 06/25/25 08:14 PM ET

While it is not specifically your question, see if you can talk her into -- Tafkam Hokie Jun 26, 2025 at 06:53 AM ET

Tafkam Hokie • 06/26/25 06:53 AM ET

It wouldn't suck if she threw $1K into a Roth now.** ◄ -- EDGEMAN Jun 26, 2025 at 02:11 PM ET

EDGEMAN • 06/26/25 02:11 PM ET

Even as young adults it's sound advice. I tell me kids to max out Roth -- MCL3 Hokie Jun 26, 2025 at 08:57 AM ET

MCL3 Hokie • 06/26/25 08:57 AM ET

Yes, putting money into a Roth when young is a great idea -- Tafkam Hokie Jun 26, 2025 at 09:15 AM ET

Tafkam Hokie • 06/26/25 09:15 AM ET

Especially since they won't be paying taxes on what they'll earn... -- EDGEMAN Jun 26, 2025 at 02:14 PM ET

EDGEMAN • 06/26/25 02:14 PM ET

Tremendous advice. I've had my daughter do it for a couple of years. -- radhokie1 Jun 26, 2025 at 08:53 AM ET

radhokie1 • 06/26/25 08:53 AM ET

Create an offshore account and convert her wages to bitcoin with the help -- PhotoHokieNC Jun 26, 2025 at 02:33 AM ET

PhotoHokieNC • 06/26/25 02:33 AM ET

O owed** -- astrohokie Jun 25, 2025 at 09:06 PM ET

astrohokie • 06/25/25 09:06 PM ET

I don’t believe she would owe taxes -- turner66 Jun 25, 2025 at 08:43 PM ET

turner66 • 06/25/25 08:43 PM ET

+1** -- Coattail Hokie Jun 26, 2025 at 07:22 AM ET

Coattail Hokie • 06/26/25 07:22 AM ET