It's one or the other, not both here ^^^.
Should we have them contribute the limit to both traditional and Roth IRAs?
You can help them with a Roth IRA, but I'd suggest you (and they) first learn some of the basic rules about contributions, earned income, withdrawals, etc.
Start here: https://www.bogleheads.org/wiki/Roth_IRA
Regards,
Statistics: Posted by retired@50 — Wed Jun 19, 2024 6:41 am — Replies 1 — Views 56