Investing for a 15-Year-Old

At age 15, part-time employment is common and a custodial Roth IRA becomes highly valuable: a contribution at age 15 has 50 years of potential tax-free compounding before traditional retirement age. The 529 education account has a 3-year horizon to typical college entry, making it important to check the allocation and shift toward more conservative holdings if the plan has not done so automatically. The teens cluster covers the full investment guide for ages 13-17.

Full guide: Investing in the Teen Years | Teens cluster: accounts, priorities and decisions for ages 13-17