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Retirement tax questions
I know the maximum limits by plan type. My question regards the other IRS rule that says total retirement plan contributions cannot exceed taxable compensation. My total income this year will be around $28,000, which means that's my limit. I will have more than that amount to contribute to my retirement plans, so I need to know the exact figure the IRS uses so that I don't over-contribute.
‎September 5, 2021
4:36 AM