You must have earned income (eligible compensation) to be eligible to contribute to a Roth IRA. Individuals who are eligible to establish an IRA, but are under the age of majority as determined by their state of residence, may need to have a parent or legal guardian complete and sign all related documents.

For additional reading, see Don't Forget The Kids: Save For Their Education And Retirement, IRA Contributions: Eligibility And Deadlines and Introductory Tour Through Retirement Plans.

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