Show HN: employkids – Hire your kids so they can retire millionaires (legally) (employkids.com)
The IRS lets you hire and pay your kids for real work. That earned income can go into a Roth IRA and grow tax-free. $4k/year from age 10-18 becomes over $1M by retirement. The catch? Paperwork. Agreements, work logs, payment records. Most parents never bother because it's annoying. employkids makes it easy.
1 comment
[ 4.1 ms ] story [ 21.4 ms ] threadI think it's more, they never bother because they don't realize it's even possible.