I have been thinking about this more as our DD approaches college graduation in December. We currently pay all insurance, rent, food (minimum college meal plan) and we provide max allowable Roth IRA contributions based upon her on-campus employment. From her pay, she pays for entertainment, groceries and gasoline. After graduation and regular employment, I envision her getting off our payroll. What I have been thinking is that I will continue to provide her funds for max annual Roth IRA, provided she invests in any company 401K at 15%. I may even offer some funds for vacation experiences as I would like to see her enjoying this now not when I'm dead and six feet under.
Statistics: Posted by AllMostThere — Wed Apr 24, 2024 6:07 pm — Replies 272 — Views 22714