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FLMatt asks:

I work part-time at the Gap so I do have a source of income. Can you only put as much as you earn into an IRA if it is under $2000?

Yes, you sure can. As long as you have wages, you may contribute the smaller of those wages or $2K per year to an IRA.

Great question, and a great idea to use an IRA at your age, particularly a Roth IRA! Fool on!

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