Employkids enables parents to legally hire their children for age-appropriate tasks and use that earned income to fund Roth IRAs. The platform simplifies the complex documentation required by the IRS, making it easy for families to build tax-free wealth for their children's future.

Key features include picking from 100+ age-appropriate tasks with built-in rate guidance, generating employment contracts with e-sign capabilities, logging work and payments with automatic server timestamps, and creating a comprehensive Year-End Tax Packet. The platform also provides W-2 worksheets per child, Roth contribution tracking, smart to-do reminders, and supports unlimited children.

The system works by having parents select tasks and pay their children fair market rates for real work. Employkids automatically generates all necessary documentation including signed employment agreements, signature certificates, timesheets, payment ledgers, and Roth contribution memos. Everything is timestamped and stored securely for audit purposes.

Benefits include helping children learn responsibility while building their financial future through tax-free Roth IRA growth. Use cases include paying kids for household chores like cleaning, yard work, organizing, and errands, or for business owners employing children through their company to deduct wages as business expenses.

The product targets families looking to fund their children's Roth IRAs and business owners who want to employ their kids through their business. It integrates with various payment methods and brokerages including Fidelity, Schwab, Vanguard, Venmo, Zelle, and Chase.