Greetings, Dan, and welcome. You asked:<<I am a college student with no income(well, starting a paid intern next month), am I eligible to set up a ROTH IRA?>>If you have earned income from work, then yes. Otherwise, no. You may make a contribution to a traditional or a Roth IRA only from earned income that derinves from employment. It is limited to the lesser of your actual pay for the year or $2K. If the money you make as a paid intern is actually wages reportable for income taxes purposes via a Form W-2, then you can make a contribution based on those wages.Regards..Pixy
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