Custodial Roth IRAs, Made Simple for Families

For the first time, families using FutureMoney can set up Custodial Roth IRAs with legitimate earned income, automated compliance, and long-term investing — all handled seamlessly in one experience.

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Why Custodial Roth IRAs?

We all know the power of Roth IRAs - tax-free growth and compounding.

Custodial Roth IRAs make it possible to start building wealth for your child as early as age 4. Until now, setting one up could mean significant costs in legal, accounting, and tax filings.

With FutureMoney, that complexity is handled for you. Here’s what it unlocks:

• IRS-Compliant Income for Kids: Turn household tasks into IRS-compliant earned income - eligible for custodial Roth IRA contributions.
• Tax-Free Growth: Contributions grow tax-free, can be withdrawn anytime penalty-free, and all funds withdraw tax-free in retirement.
• A Bigger Opportunity: Contribute up to $7,500 per year per child (vs. a $35k lifetime cap for Junior Roth).
• Generational Wealth, Simplified: What was once reserved for the 1% is now accessible to all families.

Pricing Plans

Accounts below $20,000
Subscription fee
$0 to 4 per month, billed annually
You’ll pay a flat fee for accounts below $20,000. This covers unlimited accounts, transfers and contributions, customer support, and tax optimization. $4 per month is $48 per year, billed after 30-day trial. See below to find out if you qualify for a discount.

Accounts above $20,000
Management fee
0.25%
Accounts over $20,000 will only be billed an annual management fee of 0.25%. Subscription fee is waived.

We make investing possible for every parent

• $4 / per month: If your family lives on $50,000 or more annually, you'll be billed $48 per year.
• $2 / per month: If your family lives on $50,000-$30,000 annually, you'll get a 50% discount on the service fee.
• FREE / per month: FutureMoney is free for every family who lives on less than $30,000 annually or who does not contribute to their investments for a year.

How it works:

1. Choose a Custodial Roth IRA
   Select a Custodial Roth IRA to start building tax-free retirement savings for your child.

2. Set up earned income
   FutureMoney helps create a compliant job record so your child’s earnings are reported correctly.

3. Automated compliance
   Payroll setup, tax reporting, and contribution limits are managed for you to keep everything IRS-safe.

4. FutureMoney invests
   Your child’s Custodial Roth IRA is now open and ready to grow — alongside 529s and more, all in one place.

FutureMoney Generations plan replaces costly legal, payroll, and tax services that helps families legally employ their child, run compliant payroll, and invest in a Roth IRA.

Why Families Choose FutureMoney

• Tax-Advantaged Options: We offer Junior Roth IRAs, 529 Plans, and more to maximize your savings’ growth.
• Automated Contributions: Set up recurring investments to grow your child’s account effortlessly.
• Transparency for Co-Parents: Share account progress while keeping finances separate.
• Flexible Goals: Save for anything - college, a first home, or retirement - all in one platform.
• Fully Managed Portfolio Accounts: Expert-built, diversified portfolios for every family.

FAQs

How does Custodial Roth IRA work?
FutureMoney brings together earned income setup and long-term investing in one streamlined experience.

Is my child really old enough to do this?
Yes. Children as young as 4 can participate when parents assign age-appropriate household work.

Is it legal for my child to be paid for chores?
Yes. Federal labor and tax laws allow parents to employ their children for non-hazardous, age-appropriate household tasks.

How can my minor child generate earned income?
Minor children can earn legitimate income through age-appropriate work when properly structured and documented.

Does my child need to file taxes?
Your child may need to file a tax return if their earned income exceeds the applicable filing threshold.

Is my money safe?
Yes, Custodial Roth IRAs are securely held with trusted custodians.

How much can my child contribute each year?
Contributions are limited to the lesser of your child’s earned income or the IRS annual cap ($7,500 in 2026).