AmyC
Expert Alumni

Investing

Yes provided you qualify with the income limitations. For TY22 contributions phase out at these levels:

  • MFJ 204,000-214,000
  • Single, HOH  $129,000-144,000
  • MFS $0 - 10,000

You can contribute up to $6,000 under age 50 or $7,000 if age 50 and above.

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