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2. Am I Eligible for a Roth IRA? - AOL

   www.aol.com/finance/am-eligible-roth-ira...

   In 2022, the IRS permitted IRA contributions of $6,000 or $7,000 for people 50 and older. Calculating Your Reduced Contribution A couple in their mid-60s calculates how much they can contribute to ...

3. IRA taxes: Key rules to know and how much you can ... - AOL

   www.aol.com/finance/ira-taxes-key-rules-know...

   For Roth IRAs, you can take out any contributions to the account at any time without paying tax. And if you have any earnings on the money, it’s simple to figure out how much tax you’ll pay on ...

4. Help! I Made too Many IRA Contributions. How Can I Fix It? - AOL

   www.aol.com/fix-excess-ira-contributions...

   IRA Contribution Limits The IRS sets IRA income and contribution limits each year. For the tax year 2022, you can contribute a maximum of $6,000 ($7,000 if you are older than 50) to your ...

5. Rules for Roth IRAs: Is there an income limit for contributions?

   www.aol.com/news/rules-roth-iras-income-limit...

   The maximum contribution limit can change yearly, but it's currently at $6,000 for 2022 ($7,000 if you're 50 or older). Let's look at an example of how these income limits work.

6. Inflation Reduction Act - Wikipedia

   en.wikipedia.org/wiki/Inflation_Reduction_Act

   The Inflation Reduction Act of 2022 ( IRA) is a landmark [1] [2] United States federal law which aims to curb inflation by possibly reducing the federal government budget deficit, lowering prescription drug prices, and investing into domestic energy production while promoting clean energy.

7. Everything You Need to Know about Earned Income for IRA ...

   www.aol.com/everything-know-earned-income-ira...

   As of 2022, the IRA contribution limit is $6,000. An additional catch-up contribution of $1,000 is allowed if you’re 50 or older. These limits apply to traditional and Roth IRAs.