Comparison

Wealth Trees vs Roth Wizards

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Wealth Trees

Features
Read full description

Wealth Trees helps you organize your personal assets into a clean “wealth tree” (groups + assets) so you can understand totals and allocations at a glance. Track what matters: Build groups like Cash, Investments, Real Estate, etc. Add assets under each group and see totals instantly View allocation percentages across your wealth Track holding profit/loss (amount and %) Multi‑currency support with exchange rates Practical data tools: Optional sync across devices Export/share when you need backup or transparency Designed to stay simple, readable, and focused on clarity. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

About

Roth Wizards

This app helps parents manage their children's savings and investments. It allows you to track real work, pay your child, and fund custodial Roth IRAs for tax-free growth. Ensure compliance with IRS guidelines and generate necessary tax forms.

Highlights
  • Log jobs, hours, and payments
  • Attach photos to document work
  • Track Roth IRA contribution limits
  • Generate W-2 and W-3 tax forms
  • Export documentation for CPAs
  • Get EIN application support
  • Receive job suggestions
Features
Read full description

Roth Wizards helps parents employ their children, track real work, and fund custodial Roth IRAs. Every dollar your child earns can grow tax-free for decades, potentially reaching millions by retirement. Why Parents Love Roth Wizards: Save on Taxes — Deduct your child's wages as a business expense (if you have a business) Build Wealth — Every dollar earned can go into their Roth IRA, growing tax-free Stay Compliant — Built on IRS Publication 15 and IRC Section 3121(b)(3)(A) CPA-Ready — Generate W-2 and W-3 forms, plus year-end audit binders Track Everything — Log jobs, hours, photos, and payments in one place Perfect For: Business Owners — Hire your kids for real business tasks (marketing, photography, data entry) and deduct wages Household Work — Pay for legitimate household projects (yard work, photo organization, tutoring siblings) even without a business Tax-Smart Families — Turn "helping out" into documented earned income Key Features: Job Logging — Log real work with photos, hours, and pay rates Photo Documentation — Attach before/after photos to prove work was substantial Payment Tracking — Track which jobs are paid and how much you owe Roth Contribution Limits — See exactly how much you can contribute each year (up to $7,500 for 2026) Tax Forms — Generate W-2 and W-3 forms automatically CPA Exports — One-click downloads with all documentation your accountant needs EIN Support — Get help applying for your Employer Identification Number Smart Suggestions — Age-appropriate job ideas with fair market rates How It Works: Pick a job your child can help with (business or household) Log the time and pay them Match that income with a custodial Roth contribution Relax—Roth Wizards stores every detail for tax time Real Example: Pay your teen $3,000 for product photography. If you're in a 30% tax bracket, you save ~$900 in taxes. That same $3,000 goes into their Roth IRA and can grow to over $3M by age 65—all tax-free. Compliance Built-In: Every workflow aligns with IRS guidance on hiring your own children. We help you: Document real work (not routine chores) Track earned income for Roth IRA eligibility Generate proper payroll documentation Stay within contribution limits No Business? No Problem. Even without a business, your kids can earn real income for legitimate household work. Every dollar they earn can go toward a Roth IRA—building the same tax-free wealth. The only difference? You won't get a tax deduction, but your child still gets a financial future. Simple Pricing: Choose the plan that fits your family. Many parents save hundreds in taxes each year—often covering the cost in one weekend of documented work. Important: Roth Wizards is a record-keeping tool and does not provide tax, legal, or financial advice. Consult a qualified CPA or tax professional for guidance specific to your situation. Start building your child's tax-free future today. Download Roth Wizards and turn helping out into real earnings and long-term savings. Privacy & Security: All data is stored securely in your private iCloud account. We never share your information with third parties. Terms of Use: https://rothwizards.com/terms Privacy Policy: https://rothwizards.com/privacy

Screenshots

Wealth Trees4 screens
Roth Wizards3 screens

Verdict

The call

The clearest difference is update cadence: Wealth Trees at every 5 days against Roth Wizards's every 4 weeks. Roth Wizards's advantage is iOS requirement (16.0 vs 18.6). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Wealth Trees sells 4 one-off in-app purchases and Roth Wizards sells 1 in-app purchase, starting at $17.99 per year. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

Wealth Trees ships an update every 5 days, Roth Wizards every 4 weeks. The most recent releases landed on October 7, 2026 and October 9, 2026 respectively.

Scorecard2 real differences · 8 level
Wealth Trees versus Roth Wizards: the parameters behind the verdict, then further details
ParameterWealth TreesRoth Wizards
PriceFreeFree
Rating—5.0 (3 ratings) — better
Positive reviews—100.0% of reviews
Number of ratings—3 — better
Update frequencyEvery 5 days — betterEvery 4 weeks
AdsNoNo
In-app purchasesYesYes
Monetization—Free
DevicesiPhoneiPhone, iPad — better
Requires iOS18.616.0 — better
Further details — not scored
Size8 MB39 MB
Age rating4+4+
Developer浩雷 秦Beacon Light Investments

In-app purchases

4 purchases

Wealth Trees

One-time4
  • Small Tip$0.99
  • Medium Tip$2.99
  • Large Tip$4.99
Show 1 more
  • Super Tip$9.99
1 purchases

Roth Wizards

Subscriptions1
  • RothWizards Premium$17.991 Year

Questions

Is Wealth Trees free?
Wealth Trees is free to download, with in-app purchases available.
Is Roth Wizards free?
Roth Wizards is free to download, with in-app purchases available.
Do Wealth Trees or Roth Wizards have ads?
Neither Wealth Trees nor Roth Wizards shows ads.
Which is updated more often, Wealth Trees or Roth Wizards?
Wealth Trees ships an update every 5 days, and Roth Wizards every 4 weeks. Most recently, Wealth Trees was updated on October 7, 2026 and Roth Wizards on October 9, 2026.

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