1 . "call a tax service or legal service to ask"
Posted by ladywcats on
Jul-25-17 at 12:21 PM (Eastern)
Posted on Jul-25-17 at 12:21 PM (Eastern) by 22.214.171.124
IRA Contribution Limits
For both the 2016 and 2017 tax years, the maximum contribution you can make to a traditional or Roth IRA is $5,500. This applies if you’re under the age of 50. If you’re over the age of 50, you may contribute up to $6,500. You can no longer make regular contributions to a traditional IRA beginning with the year you turn 70 1/2. But you can continue to make regular contributions to a Roth IRA and rollover contributions to a traditional IRA (or a Roth IRA) for as long as you live.