Introduction: This is a tiktok video published by Nate Hoskin, CFP®, AWMA. The video has now received more than 71 likes, 3 comments and 13 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
Teach your kids about money and save on taxes—pay them $21,600 tax-free! Here's how: Use their $14,600 standard deduction, plus $7,000 into a Custodial IRA. Manage funds with an UTMA account and a Custodial Roth IRA for tax-free growth. Ideal for small business owners like sole proprietors or LLCs, who don't need to pay employment taxes on family payments. Ensure tasks are age-appropriate, document work, and handle taxes correctly. This isn't just an allowance; it's a smart financial strategy. Need guidance? Let's talk! #TaxSavings #FamilyFinance #SmartInvesting #finlit #financialliteracy #financialfreedom #financialeducation Hoskin Capital is a registered investment adviser. This platform is solely for informational purposes and is not offering advisory services or sales of securities. Investing involves risk and possible loss of principal. Comments by viewers and/or recognitions are no guarantee of future investment outcomes and do not ensure that a viewer will experience a higher level of performance or results. Public comments posted on this site are not selected, amended, deleted, or sorted in any way. If applicable, we may edit or delete personally identifiable information, scam/fraud messages, and misinformation
Duration: 59 sPosted : Sat, 13 Apr 2024 00:09:59Views
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