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IMPORTANT: IRA contribution change. Effective January 1, 2019
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IMPORTANT: IRA contribution change. Effective January 1, 2019

Tuesday, January 1, 2019

Effective January 1, 2019, the limit on annual contributions to an IRA will increase from $5,500 to $6,000. The additional catch-up contribution limit for individuals aged 50 and over is not subject to an annual cost-of-living adjustment and will remain $1,000.

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