I gave 5,000 into my IRA, is that the same as my contribution?

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I gave 5,000 into my IRA, is that the same as my contribution?

Yes. When you put money into your retirement account it is considered making a contribution.

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I gave 5,000 into my IRA, is that the same as my contribution?

Yes. When you put money into your retirement account it is considered making a contribution.

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