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Full Version: What if I can't deposit 2000K yearly? Help!
BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs
tomeki28
Hi
I'm in a low income bracket but I keep reading that the Roth Ira is the best place for someone like me. Now here's my problem, I cannot possibly invest/deposit more than $1000 yearly into my Roth, can I still have a Roth or must I deposit $2000 yearly? Is $2000 yearly mandatory or is it just the maximum. Thanks for any info you can give me.
Earl
IRAs have a max, the funding is discretionary in amount with a cap.
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