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.
There is no minimum age limit on when an investor may begin making contributions to a Roth IRA. As long as the trustee or custodian that holds the account will allow a minor to open a Roth IRA, a child or teenager may make contributions from post tax income.