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You can contribute as much as you want to an IRA, but you would pay an excess contribution tax on the amount over $5,000. If you are over 50 you can contribute an additional $1,500 ($6,500 total) without penalty.
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Can you own more than one IRA?
You can own as many IRA accounts as you like. However that does not increase the amount you can put in your IRA accounts. For example, if your limit this year is $5000, you can put $5000 in one account or $1000 in each of five accounts, if you wish. But the total of all of your contributions must be no more than $5000. You cannot contribute $5000 to two different accounts. Be careful of fees, particularly low-balance fees if you choose to open multiple accounts.
How much is more is pounds worth than dollars?
Pounds are worth 49 cents more than dollars. Here is a link where you can see how much more money pounds are worth than dollars. http://coinmill.com/GBP_USD.html#USD=1.00
How much money does Target get in a year?
more than 8 million dollars
Jobs that pay more then 9 dollars an hour?
Jobs that pay more than 9 dollars an hour are usually outside of the restaurant or retail industry unless you are a manager.
What is 700 dollars in pounds?
$700 is just a bit more than 432 pounds sterling.
Is 5000 m less than 5000 cm?
5000 m is 100 times more than 5000 cm.
How much are taxes in Florida on 5000 dollars?
None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.
Is 8 kg more than 5000 g?
Yes, 8 kilograms is 8000 grams, which is more than 5000 grams.
What is 1500 more than 5000?
6500
Can you own more than one IRA?
You can own as many IRA accounts as you like. However that does not increase the amount you can put in your IRA accounts. For example, if your limit this year is $5000, you can put $5000 in one account or $1000 in each of five accounts, if you wish. But the total of all of your contributions must be no more than $5000. You cannot contribute $5000 to two different accounts. Be careful of fees, particularly low-balance fees if you choose to open multiple accounts.
What is 5000 more than?
Less than or equal too 4,999.
How many trees are there in Alaska?
more than 5000
What is 15 more than 5000?
5015. That was easy.
Is 3 kilometers more than 5000 meters?
No, it is not.
Is 3 km more than 5000 m?
No.
Does a hippo weigh more or less than 5000 ounces?
More.
What is 5000 is 1000 more than?
4,000
