Today's Market

updated Moments ago Sponsored by:
DOW 17,356.87 288.00 1.69%
S&P 500 2,012.89 40.15 2.04%
NASD 4,644.31 96.48 2.12%

Community: Investing Wiki

Term Of The Hour

child's IRA contribution: Original post by Christa Titus of Demand Media Parents (as well as legal guardians) are permitted to contribute to both Roth and traditional IRAs for their children, as long as those contributions come from a parent or legal guardian's taxable income. In fact, they can establish a custodial IRA, so minor children who are earning a taxable income can contribute to it. However, contributions from…

Want to learn more or edit this definition?
Click here to read more!