Hello,
I would like to contribute funds to my Roth IRA for 2024.
Based on my MAGI, Age and Status, I can contribute about 5K (Different sites gives different contribution amount for some reason).
However, I am not too clear if my 2024 contribution limits are based on 2023 taxes,
or
They are based on 2024 taxes which not filed yet? Do I need to approximate my 2024 MAGI or AGI, adding any raises, bonuses, Interest earned from CD/HYSA, stocks gains or loses (which I may not have yet)?
I am just afraid to contribute too much and will need to withdraw and amend tax return, etc,
Thanks for the help,
Gal
