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Retirement tax questions
Thank you. My wife has the following so it looks like a Traditional IRA Contribution is out for 2024 but a Roth IRA Contribution should be OK as she has earned income that exceeds the maximum Roth contribution of $8000.
- Defined benefit plan (pension plan that pays a retirement benefit spelled out in the plan) and you are eligible to participate for the plan year ending with or within the tax year.
‎February 28, 2025
8:35 AM