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TEENS: SUMMER JOBS AND ROTH IRAS

For many teens, summer jobs are a rite of passage. For parents, summer jobs can help you teach your child about the value of hard work. Now that your child is earning income, you have an opportunity to introduce several key concepts to them, including saving, investing, and the power of compounding. In this Special Guide from Bogart Wealth, we share steps to take to help your child establish healthy financial habits and get a head start on retirement savings…while still enjoying that first summer job.

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