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My son, 14 years old, earned a few hundred dollars this summer. I know he can have an IRA, and I checked the board and found recommendations on which brokers and funds will allow me to open one on his behalf. My question is about the amount that he can contribute. Is it strictly limited to the amount that will appear on the W2 from his employer, or can he (or dear old dad) add more to reach $2k?
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