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I am trying to figure out how the $500 increase in Roth contributions for tax payers over 50 will affect me.
It looks like the family income this year will put us in the 'mid zone' of $150k to $160k for AGI. My wife & I are both over 50 years old. I cannot tell if we can just add $500 to whatever regular contribution we would have had before based on the $2,000 limit or whether our contribution base is now $2,500 and that is prorated for income in the mid zone.
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