<prompt> Human: My 16yo son earned about 2000 of taxable income this summer in a job. I would like him to put that money into an IRA for himself. He does not need this money for college or anything similar. I believe he is better off putting it into a Roth IRA, since with only 2000 of income, he will owe no federal taxes anyway, and all of his future earnings will be tax-free, and if it does need to be withdrawn before his retirement, that is easier in a Roth IRA. I dont see any benefits to opening a Traditional IRA. Good idea or bad idea?  <response>: Right. If you dont owe any taxes, deductions are not helpful. 