IRA limit

contr

到现在还搞不太明白：
1。401K limit －－ 16500
2。roth ira -- 有incoming限制
3。traditional ira -- 这个有限制吗？

福多多

tradition IRA have contribution limit not income limit.  Age > 50 may contribute more.

源济

Roth IRA和Traditional IRA的限制是一样的，区别是Roth IRA投入的是税后的钱，取出时不再付税；Traditiona IRA投入的是税前的钱，取出时再付税。

2011年投入的上限是：49岁及以下$5,000，50岁及以上$6,000。注意，这个上限是Roth IRA和Traditional IRA的总合，也就是说你可以同时拥有两个帐号，同时投入，但每年投入两个帐号的总合有上限。

收入限制：
（1）Single filers: Up to $105,000 (to qualify for a full contribution); $105,000–$120,000 (to be eligible for a partial contribution)

（2）Joint filers: Up to $169,000 (to qualify for a full contribution); $169,000–$179,000 (to be eligible for a partial contribution)

（3）Married filing separately (if the couple lived together for any part of the year): $0 (to qualify for a full contribution); $0–$10,000 (to be eligible for a partial contribution).

contr

源济 发表于 2011-7-4 18:06
Roth IRA和Traditional IRA的限制是一样的，区别是Roth IRA投入的是税后的钱，取出时不再付税；Traditiona  ...

谢了。是不是还有一个投入／取出都需要缴税的？有任何限制吗？

ctcld

contr 发表于 2011-7-4 21:20
谢了。是不是还有一个投入／取出都需要缴税的？有任何限制吗？

记住：交税只交一次。EITHER 现在交 OR 59。5+岁取出时交。

GAIN的部分除了ROTH IRA外，59。5+岁取出时都要交。

秋雨

Even for person with high income and 401K contribution, he/she can still make up to $5000 (or $6000 if older than 50) traditional IRA with after-tax money, and then converted to Roth IRA. Am I right? Any time limitation before traditional IRA can be converted to Roth IRA?

contr

is it tue that "Even for person with high income and 401K contribution, he/she can still make up to $5000 (or $6000 if older than 50) traditional IRA with after-tax money"? I'm considering to use it to defer the capital gain.

funfun

contr 发表于 2011-7-10 15:13
is it tue that "Even for person with high income and 401K contribution, he/she can still make up to  ...

If your AGI >$17900,  you still can contribute after-tax tranditional IRA and then convert it to ROTH IRA right after your account is settled.

contr

funfun 发表于 2011-7-10 22:34
If your AGI >$17900,  you still can contribute after-tax tranditional IRA and then convert it to R ...

Thanks a lot. I have rolled over 401 k to a ira account. Can I use it to contribute after-tax traditional IRA? When converting to roth, do I have to pay the tax one more time?

summer123

ONe thing you got to keep in mind is that

moving your IRA account(s) from one broker to others is one time deal per year.

If you move your account around for more than one time, you mush be entitled to pay tax since such moves would be considered withdrawal of money from your account.

Get advice from your CPA.