How Much Can You Contribute to a Traditional IRA for 2020?
by the editors of Kiplinger's Personal Finance
Jan 10, 2020
2 minutes
Unfortunately for retirement savers, the maximum amount that can be contributed to a traditional IRA in 2020 remains the same as it was in 2019. Let's hope the limit is increased for 2021.
IRA Contribution Limits for 2020
The maximum amount you can contribute to a traditional IRA for 2020 is $6,000 if you're younger than age 50. Workers age 50 and older can add an extra $1,000 per year as
You’re reading a preview, subscribe to read more.
Start your free 30 days