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Taxes > IRAs > Flashcards

IRAs Flashcards

1
Q

What is an IRA?

A

Individual Retirement Account

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2
Q

What is the maximum IRA contribution for 2022?

A

$6,000 is the maximum IRA contribution for 2022.

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3
Q

What is the age that additional catch up contributions can be made to an IRA of $1,000?

A

55 is the minimum age that catch up contributions can be made to an IRA.

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Taxes (6 decks)

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