Planning Retirement For Your Child
When paying wages to children to work on the farm, also plan their retirement by starting a Roth-IRA. Set up a Roth-IRA for your children, fund it annually (as long as you pay them wages and issue a W-2) and…
Tag Retirement
HSA: An Additional Retirement Account
A health savings account (HSA) is a triple tax-free account, where you make pre-tax contributions, which grow tax-free, and can be withdrawn tax-free to pay for eligible health care expenses for yourself, spouse, or tax dependents.