For 2022, the IRA contribution limit for taxpayers under age 50 was $6,000 or, if less, the taxpayer's taxable compensation for the year.
If you wish, you can make the contribution out of your own funds on your child's behalf, but the total contribution can't exceed the IRS limit.
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-li...
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
