The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  https://boards.fool.com/for-each-of-your-contributions-use-this-formula-22038594.aspx

Subject:  Re: Contribution to a Roth IRA Date:  2/8/2005  10:36 PM
Author:  yobria Number:  44423 of 94936

For each of your contributions, use this formula:

(160,000-AGI)/10,000*3,500

then round down to the nearest $10.

Nick
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us