Want to build wealth for your kids but feel stuck between 529 plans, UTMA/UGMA, and a custodial Roth IRA?

In this episode, Kristin sits down with Dee Komaromi, CPA (founder of Kids Money Academy) to break down the most common investing account options for kids—and how to choose based on what you actually want the money to do.

Inside, you’ll hear:

How Dee uses UTMA/UGMA as an “investing sandbox” (and why FAFSA + “kiddie tax” matters)

A simple allowance system kids can follow: save / spend / give / invest (plus a 100% match strategy that makes kids want to invest)

When a custodial Roth IRA is possible (and the key requirement: earned income)

The “hire your kids” play—what must be true so it’s legitimate and clean if you ever need to prove it

The new “T account” basics (what Dee shared, what’s known, and what’s still evolving)

Guest bio

Dee Komaromi is a CPA, mom of two, and the founder of Kids Money Academy, a platform dedicated to helping parents raise millionaire kids with generous hearts. She teaches parents how to invest for their children and build long-term wealth intentionally. She also helps families normalize money conversations at home through practical tools, investing education, and her signature Money Chit-Chat Conversation Cards.

Kids Money Academy: www.kidsmoneyacademy.com

Instagram: https://www.instagram.com/kidsmoneyacademy/

Disclaimer

The Millionaires in Medicine Show is for educational and informational purposes only. It is not medical, legal, financial, or investment advice.

If you’re trying to build a real plan (student loans, investing, and the “what do we do next?” decisions) and you want an expert set of eyes on your numbers, book a call with the Millionaires in Medicine Team. We’ll help you spot the gaps, pick the right next step, and map out a path you can actually follow.

Apply here for the coaching program here: https://www.millionairesinmedicine.com/coach