Finding grants to help start a company that cares for the elderly can help fund a potentially lucrative business that also helps people. Step 1. Determine how much funding you intend to seek, as well as the overall costs for your business.
Like adults, minors are subject to the maximum annual contribution limits for Roth IRAs. As of 2012, the maximum contribution limit is $5,000 per tax year for investors under the age of 50. A minor may not contribute more than $5,000 to a Roth IRA.
IRA contribution limits for 2016 and 2017. The annual limits for Roth IRA and traditional IRA contributions didnât change between 2016 and 2017. For each year, the limits are: Under age 50: $5,500. Age 50 or older: $6,500.