Is there a limit on what is the maximum amount that I can use to start a Roth IRA? What I mean is if I have $100,000 (taxed), can I open a Roth IRA with this amount and then continue with the annual contribution limit of $6000 (as of 2019).
Can I open a Roth IRA with $1,000,000? What is the maximum limit to open a Roth IRA account?
If the maximum is $6000 or a new account is supposed to be empty, then why are their bonus cash offered for qualifying deposits?