qbteachmt
Level 15
01-28-2024
12:36 PM
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"$7,500 into to each of an IRA AND a Roth?"
Are you using any IRA resources? Are you using any web resources? Or are you relying on peer users to do the work for you?
I googled:
ira vs roth ira contribution limits
and the very first result is:
"The maximum amount you can contribute in 2024 across all your IRAs—traditional or Roth—is $7,000 ($8,000 if you're age 50 or older). However, some rules affect IRA contributions and deductibility."
Also on the results listing:
https://www.investopedia.com/retirement/ira-contribution-limits/
Change your google term to:
ira vs roth ira contribution limits irs
And you can even start from a Subject listing:
https://www.irs.gov/retirement-plans/plan-sponsor/types-of-retirement-plans
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Don't yell at us; we're volunteers