snapdragon
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Post by snapdragon on Jan 10, 2012 11:32:15 GMT -5
We are doing our retirement things today and co-worker and I are wondering about IRA's or Roth IRA's.
When you set up a IRA what is the the total amount per year that can be put in?
I thought it was up to $2500/year.
My co-worker thinks that $2500 is the minimum per year.
Could you please tell us who is more correct?
Thanks,
Snap
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Deleted
Joined: Nov 24, 2024 11:51:31 GMT -5
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Post by Deleted on Jan 10, 2012 11:33:14 GMT -5
$5000 is the max. There is no minimum.
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snapdragon
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Post by snapdragon on Jan 10, 2012 11:36:17 GMT -5
Thank you Archie!
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frep
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Post by frep on Jan 10, 2012 11:40:02 GMT -5
$6000 max if you're over 50.
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