<prompt> Human: Im a graduate student who will be paid on a W2 for the first time next year - this year I was on a 1098T and could not contribute to a Roth IRA I dont TA or anything similar that would make me eligible. I often hear people saying that if you havent contributed to an IRA the previous year, you can contribute double your yearly limit - will this be true for me, since I have only been eligible for a single year?Any thoughts are appreciated!  <response>: I have never heard of being able to contribute double your yearly limit. What theyre probably talking about is contributing the limit in MarchApril of this year and it will count for last year, and then contributing the limit in May or later for the current year. 