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Start building your child’s retirement nest egg

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in Small Business Tax

New legislation proposed by Sen. Connie Mack (R-Fla.) would allow children of any age to own a Roth IRA. Plus, any person would be eligible for a special tax credit for contributing to a Roth IRA for a child under 18. This could lead to big tax-free payoffs in the future for today's toddlers. We will keep you posted on the bill's progress.

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