Employkids helps parents hire their children legally and fund their Roth IRAs tax-free. The platform handles all IRS-required paperwork including employment agreements, work logs, and payment documentation.
employkids is a web-based platform designed to help parents legally hire their children for age-appropriate tasks and use that earned income to fund a Roth IRA. Built by an accountant, the service eliminates the IRS compliance burden by generating all required documentation. Parents can set up their family employment structure in minutes, selecting from over 100 suggested tasks with built-in fair market rate guidance. The core value proposition is simple: enable tax-free retirement growth for children while staying fully compliant with IRS rules regarding earned income and family employment. By automating the paperwork, employkids makes it practical for families to take advantage of the powerful Roth IRA strategy starting at any age, even for toddlers.
The primary pain point employkids solves is the daunting IRS documentation requirement for child earned income. Many parents learn about the strategy of hiring kids for Roth IRA contributions but quickly give up when faced with the paperwork demands. Without proper employment agreements, time logs, and payment records, the IRS can disallow contributions, levy penalties, and charge interest as shown in the CP2000 notice example on the site. The risk of audit and financial consequences keeps families from leveraging this legal wealth-building tool. employkids removes that barrier, making the process straightforward and secure so parents can focus on teaching responsibility and building their children's financial future.
First major feature: Quick hiring with over 100 age-appropriate tasks. Parents pick from activities like modeling, stamping docs, shredding, dusting, filing papers, washing car, data entry, social media, market research, graphic design, web updates, lawn care, bookkeeping, customer support, and copywriting. Built-in rate guidance ensures fair market compensation. The platform generates legally compliant employment agreements with e-signatures, signature certificates, and timestamped records. This creates the foundational documentation needed to prove that the child performed real work at a reasonable wage, satisfying the IRS earned income rule from Publication 590-A.
Second major feature: Work and payment logging with automatic server timestamps and complete activity history. Parents log hours, tasks, and payments using any method (Venmo, Zelle, Chase) and any brokerage (Fidelity, Schwab, Vanguard). Optional photo proof adds an extra layer of documentation. Every entry is timestamped and traceable, creating an immutable audit trail. This feature ensures that every contribution to the child's Roth IRA is backed by verifiable earned income records, protecting the family in case of an IRS examination. The system works seamlessly with any payment flow, so parents handle the money while employkids handles the documentation.
Publisher
A
admin
Launch Date2026-01-28
Platformweb
Pricingpaid
Domain Authority
Ahrefs DR1/100