Stipend and IRA

Paying for College
1

<p>I am going to be getting a stipend and likely a 1099 Misc. What types of IRAs would I be eligible for at 20?</p>

2

<p>All of them.</p>

3

<p>You could contribute to IRA if you have earned incomes. You need to ask if the stipend will count as earned income or not.</p>

4

<p>What is the stipend for? A REU? </p>