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Message: [QUOTE="HuskyHawk, post: 4014025, member: 1414"] Along those lines, has anybody set up a brokerage account for their kids? Fidelity has a new child account for 12-17. My daughter is 18, so I tried to go through applying for a normal one yesterday with her, and it seems we need a paper application. I assume her complete lack of any credit score is the reason. She has some money from work and HS grad gifts and other gifts over the years. I want to park it in a F500 ETF rather than a useless savings account. I will have her set up a Roth too, and possibly fund it myself to the limit of her wages. I sure wish I had invested money I had when I was much younger. 40+ years of growth, especially tax free in a Roth, is a benefit that shouldn't be passed up. [/QUOTE]