How much can one contribute to a roth ira in 2009?

Answer In 2009, the Roth IRA contribution limit is $5,000 if you are under 50 years of age. Those over 50 can deposit $6,000 per year. These limits are per person, so a married couple could each make the ... Read More »

Top Q&A For: How much can one contribute to a roth ira in 2009

At what age can you contribute to a Roth IRA?

There is no minimum or maximum age requirement for contributing to a Roth IRA. Anyone can contribute to a Roth IRA, regardless of age, as long as he has earned taxable income. Also, there are no st... Read More »

Can I contribute to a SEP IRA& a Roth IRA?

It is possible to contribute to both a Roth IRA and a SEP IRA. Contributions to a SEP IRA are considered elective deferrals. Elective deferrals are contributions made to an employee’s plan, at th... Read More »

How to Contribute to a Roth IRA?

As long as you or your spouse works, you can contribute to a Roth IRA. It’s almost as simple as that. Fewer limits and restrictions make it easier to contribute to a Roth IRA than to a traditiona... Read More »

How much can you contribute to a Roth IRA?

If you are under 50 at the end of 2009, maximum 2009 contribution for a Roth IRA is the smaller of $5,000 or the amount of your taxable compensation for 2009. If you are 50 or older, the maximum co... Read More »