What are the Roth IRA Qualifications?

Updated: 9/28/2023
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A Roth IRA, or Individual Retirement Arrangement, is a conditional retirement plan being used in the US. To qualify for the arrangement a person must earn under a specific amount and the contributions are capped accordingly.

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The Roth IRA has certain qualification requirements. An applicant has to have income. One's contribution limit depends on one's income and the amount varies from year to year.

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