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Author: LnJM002 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76111  
Subject: New Tax Changes - IRA Date: 2/19/2002 12:10 PM
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This past year has been a vapor due to illnesses and several deaths in the family so I'm just now trying to get back in the know of finances.
I was reading new tax changes by Roy Lewis and I'm a little shocked.

Do I understand clearly that the yearly contribution to an IRA is now $3000 instead of $2000 AND if anyone is over 50 years of age, they can add an additional $500 making a $3500 total contribution for the year?

Thank you very much,

LnJM002
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