Opening a ROTH IRA account with Vanguard?

Hello I've decided to open up a ROTH IRA account with Vanguard within a couple months. The guildline states that:
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Who can contribute and how much

The guidelines for investing in a Roth IRA include:

* Income limit. Your earned income from working must at least equal your IRA contributions. If you're married and filing a joint income tax return, you may also contribute to an IRA for a nonworking spouse.* Income limits affect whether you can make a full or partial contribution.
* Minimum contribution. The minimum investment to open a fund within your Roth IRA is $3,000.
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Let say I have the $3000 dollars needed to open the account. But on the other hand, I was only able to make 1500 dollars this year with Earned Income as my first job. Would I be able to use the $3000 to open the account and contribute the $1500, even though I only have an Earned Income of $1500?

Also would the $3000 that I had on the side be included in my contributing limit of $4000 a fiscal year ROTH IRA just because I opened the account? Or would I be able to contribute another $2500 within this fiscal year (assuming that I would be able to make that much before tax deadlines)?

The website is located below:
https://flagship.vanguard.com/VGApp/hnw/...

Thanks a bunch

You can use your $3,000 to open an account with Vanguard - you just can't open a Roth IRA account with the full $3K. It would have to be a regular account.

You can then transfer money from your $3K regular account to a Roth IRA account, but only the $1,500 since that's all you earned this year. Vanguard does have a STAR Fund that has a minimum investment of $1,000 to open it. All the other funds have a $3K minimum.

I have Roth IRA accounts with Vanguard and am very happy with them. Don't be afraid to call their 800 number for help. They are very patient and helpful.

You can't contribute MORE than you earned. If you only earn $1500 for this entire year then that is ALL that you can contribute to any IRA.

check the below link its good

http://workathomedatentryworks.blogspot....

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