In this video, Toby Mathis, tax attorney and partner at Anderson Business Advisors, breaks down exactly how parents can legally hire their kids, document earned income, and use it to fund a Roth IRA that compounds for decades completely tax free.
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You’ll learn how even a few years of modest contributions can grow into millions through the magic of long-term investing and the Infinity Investing approach.
Toby also shares practical strategies for setting up the account, choosing smart investments like low-cost index funds, and keeping proper records to stay IRS-compliant. If you want to build generational wealth, reduce your taxes, and teach your child real financial independence, this step-by-step guide is the place to start.
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ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
