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Author: Lukemark One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: IRA contributions Date: 7/23/2001 2:02 AM
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Would someone please explain to me how much is the maximum contribution one can make to an IRA this year (defined as January 1,2001-April 15,2002). Is it $2000? or $3000?

I'm confused because I don't understand what 2002 means. Does that mean the 2002 calendar year? Or does it mean the year in which we file our taxes for 2001?

Thank you.
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Author: Mark0Young Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 52733 of 121219
Subject: Re: IRA contributions Date: 7/22/2001 5:04 PM
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IRA and Roth IRA contributions are tied to a specific tax year.

For tax year 2001, you may contribute up to $2,000 to your IRA, and you may do so any time from January 1, 2001 through April 15, 2002.

For tax year 2002, you may contribute up to $3,000 to your IRA, and you may do so any time from January 2002 through April 15, 2003.

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