Monthly Archives: September 2007

IRA Contribution – What You Need To Know

Starting 2008 and beyond the 2001 Tax Act or the Economic Growth or Tax Relief Reconciliation Act increased the IRA contribution Limits of traditional IRA to $5,000. IRA contribution for Roth IRA is fixed at $4,000 for those ages 49 and below and $5,000 for those ages 50 and above. …

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