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Subject:  IRA contributions Date:  1/2/2000  8:22 PM
Author:  cal2327 Number:  1254 of 20640

I've always understood that you can only invest a maximum of $2000.00 in an IRA; notwithstanding spousal contributions. Is that true or am I missing something?
Is it that the $2000.00 is the only amount that is protected from taxes and any other additional amount will be subject to capital gains but still follow the same rules as far as no withdrawals until age 59 1/2?
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