: For 2026, the limit is $7,500 or 100% of your earned income , whichever is less.
Since minors cannot legally open investment accounts themselves, a parent or guardian must set up a custodial account . teen ira gallery
Starting a Roth IRA isn't just about the math; it’s about the habit. By opening one today, you aren't just saving for a distant retirement—you’re building a foundation of financial independence that will serve you for the rest of your life. : For 2026, the limit is $7,500 or
: If an 18-year-old invests just $1,000 once and adds $1,000 annually, they could see that single account grow to nearly $500,000 by age 65. : For 2026