Re: persfin-digest V5 #18


From: JimFGE <JimFGE@aol.com>
Subject: Re: persfin-digest V5 #18
Date: Tue, 26 May 1998 08:32:48 -0400 (EDT)

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Hello!
I have two children - one is in high school, and the other is in college - and
I'm wondering about the "legalities" of starting IRA's for both of them.  Each
works part time in your basic burger-flipping job, and each clears a few
thousand a year.  I know there are some limits based upon income.  Has anyone
done this for their kids?  Can any of the pros reading this offer me - and the
rest of the group - some advice?

TIA!

Jim Pfister



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