Halfmore: Roth IRA for Child

Halfmore

About this app

Halfmore makes it simple for parents to open custodial Roth IRAs by turning everyday household tasks into earned income. Your child's money then grows tax-free with the power of compound interest, potentially reaching millions by retirement.

BUILD GENERATIONAL WEALTH. Just $50 a week from ages 7 to 17, at 8% growth, could exceed $1M by retirement. Proven strategies once reserved for the affluent, now available for every family.

AUTOMATED & COMPLIANT. From legal paperwork to payroll, everything is handled. Fully IRS-compliant and aligned with child labor laws.

SEAMLESS TASK TRACKING. Log tasks, set pay, and keep IRS-ready records with ease.

TAX REPORTING. W-2s and all required state wage reporting documents are automatically generated and maintained. No manual forms or expensive accountant fees.

FLEXIBLE CONTRIBUTIONS. Contribute up to $7,000 annually (2025 limit) or your child's total earned income, whichever is less.

SECURE & TRUSTED CUSTODIANS. Your child's Roth IRA is held with top institutions like Fidelity, Charles Schwab, or Vanguard. Halfmore never touches your funds - we prioritize your family's financial security.

FINANCIAL EDUCATION. Kids learn about money, work ethic, and long-term planning through real-world experience, developing valuable habits that last a lifetime.

AFFORDABLE PLANS. Save thousands vs. traditional legal and tax services.

24/7 SUPPORT. Expert help is available anytime you need it.

Halfmore turns small, consistent steps today into life-changing wealth for tomorrow.

// Currently available to U.S. citizens and permanent residents only. //

Ratings and reviews

This app is incredible. It has simplified the whole process of preparing your kids for retirement, ensuring everything is done correctly and legally to save you from future stress. I find it so easy to use, and I really appreciate it. The greatest gift you can offer your child is the chance to start saving for retirement early, ensuring a solid financial future for them, and this wonderful app makes it happen. Customer service is quick and very helpful and I recommend this app to all parents.

I had reservations before signing up but decided to give it a try. It was a straightforward and smooth setup. I have been using the halfmore app for about 6 months and have had no issues. My questions are answered thoroughly and with knowledge of the system. Never feel judged for asking stupid tax related questions... I have a lot. My experience so far has been very positive.

I was skeptical to sign up but I think I made a good choice signing up for their services. This company seems to be handling all the paperwork, payroll and log keeping of work performed. we'll see when taxes roll around if this effects anything but they seem like a well organized company. hopefully all goes well. I've been using since May 2025 - if anything goes wrong I will update review. I say if you're on the fence, give it a try. (: