Roth Wizards vs 5Counter
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- 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
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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
5Counter
Easily record counts with large buttons and view real-time occurrence rates and probabilities. It also calculates binomial distribution probabilities based on actual occurrences and expected rates, helping you make data-driven decisions.
- Large, easy-to-use buttons for counting
- Real-time occurrence rate calculation
- Automatic probability updates
- Binomial distribution probability calculations
- View probability based on actual occurrences
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This counter app prioritizes ease of use with large buttons for intuitive operation. Simply tap a button to easily record counts, and with each press, the current occurrence rate and probability are automatically calculated in real time. Grasp the situation on the spot without worrying about complex calculations. Furthermore, it includes a dedicated page that calculates probabilities using the binomial distribution. Based on the actual number of occurrences and the expected occurrence rate, you can see the numerical value representing “the probability this result would occur.” Don't rely solely on intuition—make probability and numbers your allies. Translated with DeepL.com (free version)
Screenshots
Verdict
The clearest difference is ads: Roth Wizards at none against 5Counter's shown. Roth Wizards also leads on monetization model (free vs free with in-app purchases). 5Counter's advantage is update cadence (every 5 days vs every 3 weeks). On price, review sentiment, 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
Both are free to download. Roth Wizards sells 1 in-app purchase, starting at $17.99 per year and 5Counter sells 2 one-off in-app purchases. Whichever you choose, the download price is not the number that matters.
Roth Wizards ships an update every 3 weeks, 5Counter every 5 days. The most recent releases landed on October 31, 2026 and November 5, 2026 respectively.
| Parameter | Roth Wizards | 5Counter |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (4 ratings) — better | — |
| Positive reviews | 100.0% of reviews | 100.0% of reviews |
| Number of ratings | 4 — better | — |
| Update frequency | Every 3 weeks | Every 5 days — better |
| Ads | No — better | Yes |
| In-app purchases | Yes | Yes |
| Monetization | Free — better | Free with in-app purchases |
| Devices | iPhone, iPad — better | iPhone |
| Requires iOS | 16.0 — better | 16.4 |
| Further details — not scored | ||
| Size | 38 MB | 13 MB |
| Age rating | 4+ | 4+ |
| Developer | Beacon Light Investments | RYOYA GOJO |
Customer experience
Roth Wizards
5Counter
In-app purchases
Roth Wizards
- RothWizards Premium1 Year trial$17.991 Year
5Counter
- Preset Expansion$0.99
- Remove Ads$2.99









