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.
Unlike traditional IRAs, which do not allow contributions after age 70 1/2, there is no age limit for making contributions to a Roth IRA.ontributions. The Internal Revenue Service permits you to add up to $5,000 annually to an existing Roth IRA. If you have a traditional IRA and Roth IRA accounts, your combined contribution to all accounts is limited to $5,000.