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New Member
posted Jun 3, 2019 11:53:33 AM

What is the maximum deductible contribution to a traditional ira for a single tax payer for 2018

with no employer sponsored retirement plan

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1 Best answer
Expert Alumni
Jun 3, 2019 11:53:34 AM

The annual contribution limit to a traditional IRA  for 2018 is $5,500, or $6,500 if you’re age 50 or older. 

4 Replies
Expert Alumni
Jun 3, 2019 11:53:34 AM

The annual contribution limit to a traditional IRA  for 2018 is $5,500, or $6,500 if you’re age 50 or older. 

New Member
Jun 3, 2019 11:53:35 AM

I was looking for the maximum deductible amount

Expert Alumni
Jun 3, 2019 11:53:36 AM

This is the maximum amount you can deduct for a traditional IRA.

New Member
Jun 3, 2019 11:53:37 AM

Thank you