Halfmore: Roth IRA for Children

halfmore

Open a

custodial Roth IRA

for your child

Save early with a custodial Roth IRA to give your child decades of tax-free compound growth, turning pennies into fortunes.

Stanford, Yale Law School, and Teach For America alumni, committed to empowering

every child’s financial future

Stanford, Yale Law School, and Teach For America alumni, committed to empowering every child’s financial future

Built by

Essential groundwork for money-smart parents

Enable your child to

earn income.

Enable your child to

earn income.

Enable your child to

earn income.

Open a custodial Roth IRA

for your child.

Open a custodial Roth IRA

for your child.

Open a custodial Roth IRA

for your child.

Boost savings early with

tax-free compound interest.

Boost savings early with

tax-free compound interest.

Boost savings early with

tax-free compound interest.

With this strategy, your child could save millions of tax-free dollars.

$5M +

$792k +

Interest & Contribution: 8% average interest on $7000 annual contribution

Roth IRA, opened at 30

Roth IRA, opened at 7

Age

Now,

Halfmore makes this groundwork simple, fast, and fun for you and your child.

Now,

Halfmore makes this groundwork

simple, fast, and fun for you and your child.

Now,

Halfmore makes this groundwork

simple, fast, and fun for you and your child.

Step 1.

Turn child’s chores into earned income.

We enable your child earn through chores, nurturing their financial habits.

* Earned income is a prerequisite for opening custodial Roth IRAs, although there is no age limit.

* Contributions to a custodial Roth IRA are limited to the lesser of the child’s earned income or $7,000 annually.

We facilitate early savings with a custodial Roth IRA, maximizing tax-free growth.

Open a custodial Roth IRA for your child.

Step 2.

* Investments made through a Roth IRA are not subject to capital gains tax.

We seamlessly transfer earnings to a custodial Roth IRA, paving the way for your child to become a tax-free millionaire.

Fund and invest the account.

Step 3.

In summary, parents

only assign chores

In summary,

parents only assign chores

In summary,

parents only assign chores

- Halfmore does the rest.

Chores management

Payroll for chores

Work history documentation

Earnings reports

Tax filing

Chores management

Payroll for chores

Work history documentation

Earnings reports

Tax filing

Chores management

Payroll for chores

Work history documentation

Earnings reports

Tax filing

Halfmore makes this process convenient and fun for both parents and kids.

You can secure your child’s future by saving small amounts of money and letting them compound tax-free. Over time, your child can be worth millions of dollars, guaranteeing a lifetime free of financial hardships.

Start young,

achieve more.

Start young,

achieve more.

Start young,

achieve more.

halfmore

Where your child’s financial journey begins.

contact: support@halfmore.co

Halfmore, Inc. is a financial technology company, not a bank or investment advisor. Halfmore does not provide tax, legal, or investment advice. We do not serve in a fiduciary capacity, nor do we act as a broker-dealer or investment advisor. We expressly disclaim the provision of any fiduciary, broker-dealer, or investment advisory services, endorsements, recommendations, or advice. For tax, legal, or investment advice, please consult your own tax attorney or financial professional.