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What are the income restrictions?

April 26, 2017income

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What are the income restrictions?

2 Answers

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Income restrictions vary from property to property. The income restrictions for a specific property are on the Screening Criteria included in the waitlist pre-application packet. To obtain a packet you must contact the property directly or you may download a waitlist pre-application from our website.

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Currently, you can make the maximum contribution to a Coverdell account if your modified adjusted gross income (MAGI) is $190,000 or less for married taxpayers or $95,000 or less for single taxpayers. If your MAGI is higher, you may be able to contribute a lower amount. Ask your UnionBanc Investment Services Financial Advisor for more information.