ANSWERS: 1
  • The Roth IRA Limit is based on the contributor's age and income level. As of 2010, a person 49 years old and younger, the maximum that can be contributed is $5,000. For a person 50 years old and above, the maximum that can be contributed is $6,000. The income level must not exceed $105,000 for a single adult or $167,000 for a married couple.

    Source:

    The Money Alert

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