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What is the age requirement (if any) to contribute to a Roth IRA? Taxpayers must be at least age 18 and less than age 70

What is the age requirement (if any) to contribute to a Roth IRA?

Taxpayers must be at least age 18 and less than age 70 1/2.

There is no age requirement if the taxpayer meets the compensation requirements.

The taxpayer must be at least age 18, but there is no maximum age.

The taxpayer must be at least age 18 and less than age 70 1/2, and meet the compensation requirements.

Aaron's MAGI is $225,000. He is single. His Net Investment Income (NII) is $35,000. What is his Net Investment Income Tax (NIIT)?

$0

$950

$1,330

$2,280

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