Investing 102

[ironworks]

A client of mine gave me this idea.

We use my daughter as a spokes model and pay her the maximum she can get paid with out state or federal taxes. 6k in California. She has to pay social security and some other expenses out of the check. Then put that money into in an IRA. She will just pay taxes on the growth in how ever many years until she is allowed to use it or we tell her about that. I have thought about doing the same thing for my good long term employees as a benefit. 100 bucks a week is not a huge deal but over 20 years is alot of money.