The SID Code was developed for. use with the CD format, but is now being used for. both CD and High Density disc formats, including. DVD and Super Audio CD. The SID Code was developed jointly by rights. owners and the optical disc industry, primarily as. an anti-piracy tool.
Charles Schwab waives its usual $1,000 minimum for traditional and Roth IRAs if you commit to automatic monthly contributions of $100. TD Ameritrade offers traditional and Roth IRAs with no minimum investment requirements.
You (or he) can contribute as much as he made, up to the annual Roth IRA limit (currently $5,500). The same rules that decide eligibility for Roth IRAs apply to the account you open for your child. You or another adult will be the custodian on the account, but he or she will be the owner.