How much can you contribute to a Roth IRA?

Answer 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 »

Top Q&A For: How much can you contribute to a Roth IRA

How much can you contribute to a Roth IRA in one year?

Your Roth IRA contribution can be equal to the lesser of the annual contribution limit or your earned income for the year. As of 2010, the annual contribution limit equals $5,000 ($6,000 for people... Read More »

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

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 »

How Much Can I Contribute to SEP Traditional IRAs and Roth IRAs?

SEP plans, traditional IRAs and Roth IRAs have changed dramatically over the years. Maximum contribution amounts to each of these have changed almost annually, and are subject to future adjustments... 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 »