My 18 year old nephew has a Roth IRA. Should you?


This year, my eldest nephew graduated high school and entered the workforce.

So naturally, as this is his first year of working, I talked to him about his last year of working. Yep, for his graduation gift, besides a little cash for spending now, I gave him some cash to open up his ROTH account. Now, my 18 year old nephew not only knows what a ROTH account is. He has one.

Should you?