IRA Contribution Limits Stuck At $6k Next Year

Sorry!

IRS says IRA contribution limits will NOT go up for 2020.

They stay at $6,000 total for your Traditional or Roth IRAs ($7,000 if age 50 or over).

Financial Tip: If you’re eligible to contribute, make sure you do so. Those annual contributions can add up to big amounts over a lifetime.

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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