MichVan
Level 1
Member profile
- Replies
- Posts
-
Okay, I made $80,000 in 2023 and am over age 50. I should be able to make a non deductible Ira contribution of $7,000, but turbo tax is limiting me to $5,030. I...
-
But everything I have read/been told is that a contribution limit to a BackDoor Roth for someone over 55 is $7,000 - not income dependent. Just not sure why thi...
-
Those are good tips! Thanks for your help!
-
-
$80,000didnt think that mattered for a BackDoor Roth. Just thought limited to $7,000 at my age.
Activity Feed for MichVan
- Posted Re: Nondeductible IRA Contribution limit on Retirement tax questions. March 23, 2024 4:30 PM
- Posted Re: Nondeductible IRA Contribution limit on Retirement tax questions. March 23, 2024 11:52 AM
- Posted Re: Nondeductible IRA Contribution limit on Retirement tax questions. March 22, 2024 4:49 PM
- Posted Re: Nondeductible IRA Contribution limit on Retirement tax questions. March 22, 2024 4:01 PM
- Posted Re: Nondeductible IRA Contribution limit on Retirement tax questions. March 22, 2024 4:00 PM
- Posted Re: Nondeductible IRA Contribution limit on Retirement tax questions. March 22, 2024 3:51 PM
- Posted Nondeductible IRA Contribution limit on Retirement tax questions. March 22, 2024 3:11 PM