Can I put $100 into the S&P 500?
No, you cannot contribute $100,000 directly to a Roth IRA, as annual contributions are strictly limited by the IRS. For 2026, the standard limit is $7,500 (or $8,600 for those 50 and older). However, high-income earners may explore alternative strategies such as "backdoor" or "mega backdoor" Roth conversions if they have access to specific retirement plans. A backdoor Roth involves making post-tax contributions to a traditional IRA and converting them, while a mega backdoor Roth involves converting after-tax 401(k) contributions to a Roth IRA. Because these strategies have complex tax implications—especially if you hold pre-tax assets in traditional IRAs—you should consult a qualified tax professional to ensure compliance with current IRS regulations.
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