Helping Young Workers Open a Roth IRA
by Kimberly Lankford, Contributing Editor, Kiplinger's Personal Finance
Mar 26, 2018
2 minutes
[Question]My 16-year-old son earned some money helping out at a summer camp last year. Is he eligible to contribute to a Roth IRA, and is it too late to make a 2017 contribution? What are some IRA administrators that let kids open a Roth with just a little money?
There's no minimum age to be eligible to make Roth IRA contributions;
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