3 things you can do in 2021 to set your kid up to become a millionaire

The video tutorial discusses strategies for building wealth through tax-advantaged accounts. It covers opening a 529 plan to save for a child's education, highlighting its tax benefits and contribution limits. The tutorial also explains how children with earned income can start a Roth IRA for tax-free retirement savings. Additionally, it introduces custodial accounts for investing in fractional stocks, teaching kids about financial management. These methods aim to reduce future debt and encourage early savings, providing a financial head start for children.

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