Generally, if you haven't reached age 70½ by the end of the tax year, you can contribute up to $4,000 a year to a traditional IRA if you have at least that much in taxable compensation for the year. In addition, if you are 50 or older, you can contribute an additional $500 as a "catch-up" contribution.
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What is the maximum IRA contribution for 2005?
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What was the IRA limit in 2008?
maximum allowable contribution to your Roth IRA for 2005. You can make contributions to a Roth IRA for a year at any. Your modified AGI for 2005 is $100,000.
Shows traditional IRA contributions for 2005 you made in 2005 and through April 17, 2006. These contributions may be deductible on your Form 1040 or 1040A.
Your ability to contribute to a Roth IRA depends in part on the amount of taxable compensation that you (and, in some cases, your spouse) received for the year.
When the individual retirement account (IRA) was created in 1974, the contribution limit per year was $1,500; it has since climbed to $7,000 for those under age ...
The History of the IRA Contribution Limit and Non-Working Spouse Contribution (1974-2024) ; 2005, $4,000.00, $500.00 ; 2004, $3,000.00, $500.00 ; 2003, $3,000.00 ...
The maximum amount allowed as an IRA contribution was $1,500 from 1975 to 1981, $2,000 from 1982 to 2001, $3,000 from 2002 to 2004, $4,000 from 2005 to 2007, $ ...
Dec 5, 2004 · In 2005, the Roth and regular IRA contribution limit rises to $4,000; or to $4,500 for people age 50 and above. In 2006, regular IRA and Roth ...
Dec 20, 2019 · The contribution limit increased in the following years: 1982. ($2,000), 2002 ($3,000), 2005 ($4,000), 2008 ($5,000),. 2013 ($5,500), and 2019 ...
This calculator assumes that you make your contribution at the beginning of each year. In 2003, the maximum IRA annual contribution is $3,000 per individual. It ...
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