Roth for Kids & Foreign Income
I really enjoy the no-nonsense advice that is given on this board, and the breadth of knowledge is amazing. So, here is a question for you all..
I have Children (aged 7-12) that are US/EU citizens who maintain physical residence in the EU with their Mother. The eldest has a small (<1500 USD) amount of Earned Foreign Income to his name for 2018 - cash which came from yard work/gardening.
I would like to establish a Roth for him. What hurdles (proof of income, Age, Foreign Income, etc) would you see in doing this?
I appreciate the advice, experience & insight!
WWWBD - What would The Oracle do?