How young can someone start a self‑directed IRA?

Name: The Secret to Building Wealth Early?
Uploaded: 2024-12-26T15:00:54+00:00
Duration: 25 s
Channel: Trystan Trenberth
Description: Any minor with earned income can open a Roth or traditional IRA, regardless of age. There's no minimum age requirement, only the need for legitimate…

Trystan TrenberthVisionary Investor | Wealth Strategist | Public Speaker | Super-Connector | Founder of Midlife to Millions

The Secret to Building Wealth Early?

26 Dec 2024 · 0 min

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0:25

Any minor with earned income can open a Roth or traditional IRA, regardless of age. There's no minimum age requirement, only the need for legitimate payroll income to start contributing.

Questions this video answers

They can start as soon as they have earned income and are on payroll; there is no minimum age requirement beyond having income, and they can contribute to either a Roth or a traditional IRA.