In 2022, I contributed the annual limit to my Roth and Traditional IRAs, but I am getting an error that my contribution exceeded the contribution limit. Why?
03301
3 Replies
Bsch4477
Level 15
Mar 1, 2023 7:27:28 PM
You can only contribute a combined total of $6,000 if under age 50 to your two IRAs. You can’t contribute that amount to each of them.