IF YOU HIRE YOUR KIDS OR GRANDKIDS, HERE’S HOW TO MAKE IT COUNT – BIG-TIME!

You can match the child's total earnings (up to a $5,000 max.)
as a contribution to a Roth IRA.

Assuming the minor is only 13 years old, this one-time
$5,000 contribution, assuming a modest 8% growth, will be
worth nearly a half-million dollars by age 70 — even if they do
nothing further but leave it there to grow!    

Another benefit  –  The contributions (that's the amount put in),
but not the earnings (that's the interests/profit/dividends),  may
be withdrawn tax-free at any time. That amount could, for
example, be pulled out for a down-payment on a home —
without adverse tax consequences.