Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

question everything

(49,430 posts) Sat Jan 19, 2013, 11:51 AM Jan 2013

Just found out that the maximum amount allowed for IRA contribution is up [View all]

by $500. For both the younger crowd - $5,500 now - and the over 50 - $6,500. This is true for both the wage earners and the spousal IRA.

I can use all the breaks available.

7 replies

= new reply since forum marked as read

Highlight:

Just found out that the maximum amount allowed for IRA contribution is up [View all] question everything Jan 2013 OP

Good. elleng Jan 2013 #1

That's nice. SheilaT Jan 2013 #2

Yes does include Roth IRA question everything Jan 2013 #3

I have only a Roth, SheilaT Jan 2013 #4

How do you know you will be in a lower tax rate in retirement? Common Sense Party Jan 2013 #5

I will not be drawing a salary. question everything Jan 2013 #6

If only two years, you're right, your rate may not rise much anytime soon. Common Sense Party Jan 2013 #7