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What is the maximum annual amount I can contribute to a Fort Washington Savings Company IRA?

April 26, 2017annual COMPANY contribute fort washington IRA maximum savings

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What is the maximum annual amount I can contribute to a Fort Washington Savings Company IRA?

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For the tax year 2009, you are allowed a maximum contribution of $5,000 ($6,000 if you are over age 50); however, this money must be considered earned income. Before you open or make contributions to an IRA, you should consult with your tax advisor to consider any possible tax implications.