Maximum amount of non-deductible IRA contributions
You published a newsletter fairly recently stating the maximum total amount you could contribute to a non-deductible IRA since 1987.
What is this total amount?
Thank you!
You published a newsletter fairly recently stating the maximum total amount you could contribute to a non-deductible IRA since 1987.
What is this total amount?
Thank you!
Permalink Submitted by Alan - IRA critic on Mon, 2015-08-31 16:09
1987-2015 92,500; plus 2002-2015 catch up contribution if age 50+ 14,000
Permalink Submitted by David Mertz on Mon, 2015-08-31 16:39
I get only $12,000 of total catch-up, $500 for each year 2002-2005 plus $1,000 for each year 2006-2015.
Permalink Submitted by [email protected] on Mon, 2015-08-31 16:51
Do you have a link to the newsletter or other docutment where you discussed this? We would like to have some proof in case our client asks us. Thank you.