2:11 am, April 16, 2014

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  • Contribution Limits Incorrect
    FedEmpl
    The article mentions contribution limits for regular (deductible) and ROTH IRAs, but instead lists the Maximum Adjusted Gross Income Limits (MAGI). There is no MAGI for regular IRA contributions if not deducted. From what I could find, the contribution limits remain unchanged at a maximum of $5,000 for regular deductible and ROTH IRAs (increased to $6,000 for those 50 an older). I am curious if the MAGI remains lifted for converting from a regular to a ROTH IRA in 2011.
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  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }