I am 22 and I make about $1,000 a month before taxes (which means about $900 after taxes) with my one-year Americorps VISTA stipend and about $100/month from a side job. However my stipend didn’t count as income when I applied for SNAP, so I don’t know how Roth IRA will treat it. If my side job is my only “taxable income” then it is my understanding that my side job income of $100/month a.k.a $1200 is the maximum I can put into my Roth IRA this year. This might be the appropriate amount, but I don’t know. If my stipend counts since the most I can contribute is the $5,500/year maximum set by Roth IRA. This seems too high, but I would still want to figure out where between $0-$5,500 I would put in. My monthly expenses are around $550 by the way (saving a total of $350).