Tyler, 7, is a member of Disney's hit new TV show. Due to his manager's negotiations, the young star commands $6,000 per episode
due to his growing fan base. Tyler, in theory, can open a Roth IRA and fund his account with a maximum contribution.
His age is not an issue.
George Clear, 82, is an expert on environmental science. He sold his firm, Clear Earth, but still has a consulting
contract with the Government of Texas. George makes $39,000 per year. George can still contribute his $5,000 + a
"catch up" contributionof $1,000. His age is not an issue.