Anonymous
Post 12/30/2022 12:58     Subject: Guardian Roth IRA for minor

You can do the entire amount for the year the income was earned. So all 2000 for 2023 if it's all upcoming income.
Anonymous
Post 12/30/2022 11:56     Subject: Guardian Roth IRA for minor

I think all, but is it for 2022 or 2023?
Anonymous
Post 12/30/2022 11:49     Subject: Guardian Roth IRA for minor

My child has an acting job where he’ll earn about $2000 in 2023. I’m considering putting this money into a Roth for him. Can I contribute the whole $2000 or the $2000 minus SS and Medicare deductions?