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Q: Can a parent contribute to a child's IRA?
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Related questions

If you have a 401k and an IRA can you convert some of your IRA to a roth IRA and contribute to your IRA?

Yes.as long as you do not contribute more than your annual limit.


If you do not contribute to your 401-k can you contribute to an IRA?

You can contribute to both a 401K and an IRA at the same time (same year).


Can you contribute to an IRA or 401k after age 70.5?

You can contribute to a Roth IRA after age 70.5 as long as you have earned income, but you cannot contribute to a traditional IRA after that age. For a 401(k) plan, it depends on the rules of the specific plan, but typically you can continue to contribute to it past age 70.5 as long as you are still working and the plan allows for it.


Should a parent check their childs cell phone?

no !


Does the employer also contribute to the Roth Ira?

no


Can you contribute to both a 401K and an IRA?

yes


Can you contribute to a SEP and a traditional IRA?

70


Can you contribute to a Traditional IRA and a Roth IRA?

Yes, but combined contribution limits apply. For 2008 the maximum contribution amount is $5,000 for individuals under 50 years of age and $6,000 for those over 50. If you are under 50 and contribute $2,000 to your Roth IRA then you can only contribute $3,000 to your Traditional IRA. For a traditional IRA, you no longer can contribute after the age of 70 1/2 (RMD checks in). For Roth, you can contribute forever since no RMD are taken from this type of IRA account.


What were the potawotomi tribe costums?

A childs parent passed on what they did to thier children.


Can your spouse contribute to a Roth IRA after he has retired?

Yes


Can you contribute to both a roth IRA and 403b?

yes


Can a teacher participating in Teacher Retirement also contribute to a traditional IRA?

Is teacher retirement a traditional ira?