19 - Investing for Minors is a TAX BREAK You are Missing Out On episode artwork

EPISODE · Jan 27, 2024 · 8 MIN

19 - Investing for Minors is a TAX BREAK You are Missing Out On

from MUSLIM WOMEN INVEST · host Dr Miral A Khalil

Let me tell you my favorite way to save money on your taxes each year: Hire your children. That sounds very strange, doesn't it? But in reality, it's actually a fantastic (and entirely legal!) way to begin investing for your children early on...as well as reducing your own taxable income. This involves investing in a Minor IRA Account, an IRA made specifically for people to invest on behalf of their children. And if you get started early, I promise you that you can take huge strides toward creating generational wealth for your family...and making it possible for your children to retire as millionaires. WORK WITH MIRAL: If you're ready to transform the trajectory of your life and the lives of your family members through investing, book a consultation with me: https://www.invest4lifemk.com/offers/h3mat9zz/checkout CONNECT WITH MIRAL: Want to learn more? Visit my YouTube channel: https://www.youtube.com/@muslimwomeninvest Follow me on Instagram: https://www.instagram.com/muslimwomeninvest/

Episode metadata supplied by the publisher feed · Published Jan 27, 2024

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19 - Investing for Minors is a TAX BREAK You are Missing Out On

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