[quote=SK in CV]It’s a great idea. Almost no downside. If I had lots of extra money and my kids didn’t need today what little I do give them, I’d do it in a heartbeat. My brother (a managing director at a national tax and consulting firm) who does have plenty extra and doesn’t need to worry about his own retirement, has been doing it for his two daughters for more than a decade.[/quote]
I was hoping you would chime in on this. Thank you.
Now the bigger issue is that I need to figure out. How do I give my kid a “job” at this age…lol….
You said “almost no downside…”
Ok, almost… What are the downsides in your opinion…..