What are the maximum contributions to a Roth IRA?

Under 50 years of age $5,500/year + employer match (if employer matches).
50 years and over $6,500/year + employer match (if employer matches).

  • Roth conversion: Qualified account.
  • Money put in is taxed up front. There is no maximum, BUT one has to be careful of falling into a higher tax bracket as this is considered a distribution from one’s IRA.
  • Must wait 5 years to make a withdrawal from the date of FIRST contribution.
  • There is no RMD.
  • Roth conversion coming directly from IRA, whereas the maximums allowed come directly from paycheck.

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