Here’s the 2018 IRA Contribution Limit
Every year, the IRS announces updated contribution limits and income thresholds for Individual Retirement Accounts, or IRAs. The IRA contribution limit is not changing in 2018, but the income limits for Roth IRA contributions and the traditional IRA tax deduction are increasing. Here's a guide to help determine your 2018 IRA contribution and deduction limitations.
Here's the easy part. The 2018 IRA contribution limit $5,500, the same as it was last year. In fact, the last time the limit was increased was in 2013, when it grew by $500 to the current level.
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Source: Fool.com
