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New Contribution Limits for Traditional & Roth IRAs
IRA LimitationsIf you are covered by an employer-sponsored plan but your spouse is not - your spouse may contribute to an IRA if your joint income is less than $177,000. If both of you are in employer-sponsored plans then you can only contribute to IRA if your joint income is less than $109,000. Roth IRATo contribute to a Roth IRA, your joint income must be less than $179,000. For further analysis of the benefits and tax impact of IRAs on your unique situation email . |
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The Village Executive Office Suites | 2895 Hwy 190, Suite 230 | Mandeville, LA 70471 | (985)674-9092
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