Your kids
can retire as millionaires.
Hire your kids. Fund their Roth IRA.
We handle the paperwork.
There's a retirement account called a Roth IRA1
Put in up to $7,500 per year.2
It grows around 7% annually.3
When you retire, you withdraw it tax-free.
There's no age limit
Most people wait until their 20s or 30s to open a Roth IRA.
Your 7-year-old can start today.
Open a custodial account and contribute on their behalf until they're 18.
"Contributions can be made to your Roth IRA regardless of your age."IRS Publication 590-A
Starting early matters
Pick a starting age and yearly contribution.
In this calculator, we assume contributions stop at 18.
Their Roth IRA keeps growing until they retire at 65.
$40k
33x
Assumes 7% annual return (S&P 500 avg).
One rule: the money must be earned
You can only contribute to your child's Roth IRA
if they have earned income.1
So hire your kids
Pay them a fair rate for real tasks.
The same you'd pay anyone else.
They learn responsibility. You build their future.
Works for any family.Many parents pay their kids for household work and use it to fund Roth IRAs. Cleaning, yard work, organizing, errands.
We help you document everything properly.
Modeling
Age 4+Stamping Docs
Age 5+Shredding
Age 6+Dusting
Age 5+Filing Papers
Age 7+Modeling
Age 4+Stamping Docs
Age 5+Shredding
Age 6+Dusting
Age 5+Filing Papers
Age 7+Modeling
Age 4+Stamping Docs
Age 5+Shredding
Age 6+Dusting
Age 5+Filing Papers
Age 7+Modeling
Age 4+Stamping Docs
Age 5+Shredding
Age 6+Dusting
Age 5+Filing Papers
Age 7+Washing Car
Age 8+Data Entry
Age 10+Social Media
Age 13+Market Research
Age 12+Graphic Design
Age 13+Washing Car
Age 8+Data Entry
Age 10+Social Media
Age 13+Market Research
Age 12+Graphic Design
Age 13+Washing Car
Age 8+Data Entry
Age 10+Social Media
Age 13+Market Research
Age 12+Graphic Design
Age 13+Washing Car
Age 8+Data Entry
Age 10+Social Media
Age 13+Market Research
Age 12+Graphic Design
Age 13+Web Updates
Age 14+Lawn Care
Age 12+Bookkeeping
Age 15+Customer Support
Age 16+Copywriting
Age 14+Web Updates
Age 14+Lawn Care
Age 12+Bookkeeping
Age 15+Customer Support
Age 16+Copywriting
Age 14+Web Updates
Age 14+Lawn Care
Age 12+Bookkeeping
Age 15+Customer Support
Age 16+Copywriting
Age 14+Web Updates
Age 14+Lawn Care
Age 12+Bookkeeping
Age 15+Customer Support
Age 16+Copywriting
Age 14+Suggested ages based on typical child development. Adjust based on your child's abilities.
The IRS
wants proof
Hiring your kids is completely legal.
But if you get audited, you need documentation. Employment agreements. Time logs. Tax forms.
Without them? The IRS disallows the contributions and charges you penalties.
Most parents learn about this and get excited. Then they see the paperwork and just give up.
Internal Revenue Service
Includes penalties & interest
Reason for adjustment
Roth IRA contributions disallowed due to insufficient documentation.
- No employment agreement on file
- Missing work logs / timesheets
- Payments not properly documented
Employ your kids the right way.
Simple to set up. Easy to use. Fully compliant.
Hire your kids in minutes
Pick from 100+ tasks. Built-in rate guidance. We generate the contracts.
Log work and payments
You handle the money.
We handle the documentation.
- Automatic server timestamps
- Complete activity history
- Optional photo proof
- Works with any payment method, any brokerage
Year-End Tax Packet
One click. Everything organized. Every document timestamped and traceable.
Download anytime. Your data is stored securely, so you can regenerate documents whenever you need them.
Pro Plan
Own a business?
Employ your kids through it. Track household and business work separately.
Deduct their wages as a business expense. Skip payroll taxes.
Simple pricing.
Pick the plan that fits your family. No hidden fees.
30-day money-back guarantee.
Home
Pay your kids for household work. Used by families to fund Roth IRAs and build tax-free wealth.
- 100+ age-appropriate tasks
- Rate & hour guidance
- Employment contracts + e-sign
- Year-End Tax Packet (ZIP)
- W-2 worksheets per child
- Roth contribution tracking
- Smart to-do reminders
- Unlimited children
Pro
Employ your kids through your business. Backed by decades of IRS guidance and tax court precedent.
- Everything in Home, plus:
- Log business work separately
- Wage expense summary
- Deduct wages as business expense
- Skip payroll taxes (15.3% savings)
- Priority support
Questions? hello@employkids.com