<prompt> Human: All,I opened a Credit card with Schwab that gives 1.5 cash back. I have the option to have this directly deposited to either my Checking Account or my Roth IRA Account. If I choose my Roth IRA, does the money deposited count as a contribution from myself or from Schwab? Can I still deposit the full 5,500 this year if Schwab is depositing 1.5 cash back into my Roth Account as well? The reason I ask is two years ago Schwab ran a promotion where if you opened an account with them they would deposit 100 into your account. The only account I had with them at the time was my Roth IRA. I contributed 5,500 to my Roth IRA, and then 6-8 weeks later 100 was deposited by Schwab. I went into my local branch for clarification if I had gone over the limit - the representative told me I had not because I had followed the rules because I had only contributed 5,500 into the account and the additional 100 was gifted to the account by Schwab. So tax year 2016 I had 5,600 in my Roth IRA. 1 - was it legal for me to have 5,600 in my Roth IRA in 2016? 2 - can i link my 1.5 cash back to my Roth IRA and still contribute 5,500 myself? Thanks!  <response>: Doesnt seem right to me. Can I set up a company that will gift you a 20,000 IRA contribution so long as you buy a 20,100 pencil from me? 