IRA Contribution dates & birthdays
Double checking.
Am I correct in assuming that if someone turns 50 this year, and otherwise qualify, they can contribution $6,500 any time this year, but have to wait until the day after their 50th birthday for the extra $1,000?
Didn’t see anything that was precise on that.
Permalink Submitted by Janis Sleeter on Mon, 2021-05-10 14:46
That’s $6,000 and $7,000.