Kylie Jenner Created $14 Million Tax-Free Dollars For Her Daughter With This Loophole— and You Can Too!

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 9 January 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kylie Jenner set her five-year-old daughter Stormi up to have $14 million tax-free dollars in retirement using a loophole that you can use, too! No, you do not need to be a Kardashian-Jenner, or have a million bucks, to make your children millionaires. All you need to do is make this one money move. Nicole explains. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA & SIPC. Brokerage services for treasury accounts offering 6-month T-Bills are offered by Jiko Securities, Inc., member FINRA & SIPC. Banking services are offered by Jiko Bank, a division of Mid-Central National Bank. Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value. Brokerage services for Regulation A securities are offered through Dalmore Group, LLC, member FINRA & SIPC. Risks at public.com/disclosures/alts-risk-and-conflict-of-interest-disclosure See public.com/#disclosures-main for more information.

Transcript

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0:00.0	There are lots of ways to potentially boost your investments these days and even more options on where to stash him.
0:05.2	Make the smart move by transferring your brokerage account over to Robin Hood.
0:08.4	Whether you're transferring $1,000 or $2 million, don't miss out on Robin Hood's offer of an unlimited 1% bonus on your assets.
0:16.0	Unlimited as in no cap. See why over 3 million people have rated Robin Hood 5 stars on the
0:21.4	App Store. Visit Robin Hood.com slash M&N to claim your bonus.
0:25.4	Terms apply to the bonus, see full bonus terms
0:27.4	at Robin Hood.com.
0:28.6	Investments offered through Robin Hood Financial LLC.
0:31.2	Investing is risky.
0:32.3	I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
0:38.0	It's time for some money rehab. Rehab. has set her five-year-old daughter Stormy up to have 14 million dollars tax-free by the time
0:55.5	little Stormy is ready to retire. True, Kylie has buckets of money. Forbes called Kylie Jenner
1:00.9	the youngest self-made billionaire. Whether or not Kiley is self-made is a little debatable, but it doesn't matter whether you are or aren't a billionaire because anyone can use the same money moves as Kylie and make their kids
1:15.4	millionaires. This is one of the best kept secrets in the financial world. You do not have to make
1:20.5	a million dollars to make your kids millionaires.
1:23.0	Pick your jaw up off the floor and let me tell you how to make this happen for your
1:28.0	fam.
1:29.0	This is how Kylie did it.
1:30.0	When Kylie's daughter Stormie was two, she appeared in a commercial for Kylie's brand, Kylie Baby.
1:35.0	Because Stormy was in the commercial, she could get paid for that appearance as an actor,
1:39.0	and Kiley could open what is called a custodial Roth IRA account for Stormy.
1:45.2	A custodial Roth IRA account is exactly what it sounds like, a Roth IRA that a guardian can
	...

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