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What else can I help you with?
Can a 75 year old contribute to roth IRA?
Yes, a 75-year-old can contribute to a Roth IRA as long as they have earned income. There is no age limit for contributing to a Roth IRA, unlike a Traditional IRA which has an age limit for contributions.
Can a 71 year old contribute to an IRA?
Yes, a 71-year-old can contribute to a traditional IRA as long as they have earned income. They are also eligible to contribute to a Roth IRA regardless of age if they meet income requirements.
What's the max yearly contribution to a Roth IRA?
The max yearly contribution you can make to your Roth IRA (or any IRA) is $5,000 a year if you are under sixty years old, of $6,000 a year if you are over sixty years old.
How old is the queen youngest grandchild?
Her youngest grandchild is James, Viscount Severn, who is 3-years-old.
Can you adopt your eighteen year old grandchild in Arkansas?
if he or she is 18, you don't have to. just get them kicked out and take them in yourself.
If my wife and I open up an IRA this year and we are over 65 years old, how soon can we withdraw the funds w/o penalties?
First the question of set up. If you establish a ROTH IRA, there is no age limit, however, with a traditional IRA, the limit for establishing the IRA is 70.5. IRAs can only be finded by income derived from work, so assuming you have a salary, funds can be withdrawn after the age of retirement. In the case of a traditional IRA, you can withdraw earnings as soon as they accumulate as long as you begin withdrawal by April 1st of the year after you turn 70.5.
Is it possible to have a 21 year old great grandson?
Yes, it is possible. For example, if you were 22 when you had your child, and your child was 22 when she had your grandchild, and your grandchild was 22 when they had your great grandson, that would make you 66. When your great grandson was 21, you would be 87.
16 year old wants to live with you?
Clarification needed: your child? grandchild? other relative? boyfriend/girlfriend? neighbor? And what's the question?
Legal responsiblity of mother of 15 year old daughter that is pregnant?
She is yours until 18, as is your grandchild. The fact that she is pregnant has no bearing on your responsibility.
Can you have both a regular IRA and a roth IRA?
Provided you meet the compensation requirements and the income limitations for each type of IRA, you may contribute to both a Roth and a regular IRA. However, the combined amount may never exceed $5,000 (or $6,000 if you are 50 or older). Therefore, should a 45-year old be eligible and choose to contribute $3,500 to his Roth IRA, the most he could contribute to a regular IRA for the same tax year is $1,500.
Is 1 percent milk good for a 2 year old child?
My grandchild is 2 years old; suffers from allergies. Does the 1% milk contain the needed nutrients for his age?
Living with seventeen year old?
Clarification needed. Are we talking about living with a 17-year-old son, daughter, grandchild, boyfriend/girlfriend, sibling, or friend? It's going to be a different experience in each case. What is the question?
