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What kind of investment accounts do you need? There are various investment accounts, depending on your lifecycle and financial goals.
A standard brokerage account is a taxable investment account that will allow you to deposit and hold cash to buy various investments.
Saving for retirement at an early age usually begins with employer-sponsored 401K or Roth 401K retirement account plans.
Investment accounts are excellent ways to save for qualified education expenses.
The child’s income could come from performing personal services and receiving salaries, wages, tips, and net earnings
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