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Is it kosher to open an IRA account in the name of a 8 year old child who does not have employment based income but interest income from a CD?    Thanks for any comments and suggestions, if any.

Coldayman, you wanna field this one?

Aren't YOU the one with a child?

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

but uncle colday!

SILENCE!!!

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Aren't YOU the one with a child?

 

Yeah, but who cares about IRAs? I'm gonna win the lotteries.

I thought the IRA was disbanded.

So which one of you is Irish, Sparky?  You or the wife?  :-D

I thought the IRA was disbanded.

So which one of you is Irish, Sparky?  You or the wife?  :-D

 

Good one Magyar.

You have to have earned income to contribute to an IRA

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