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390: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

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Ira Question - Can I Contribute Six Thousand to an Inra?

i was under the impression you could contribute six thousand to a traditional ira. But it seems i was mistaken, and it's either six k to either one, or a combination of six both. If this is the case, then that means i over contributed for last year. I haven't filed 20 21 taxes yet. What do i do now? Right? Great question Ron. You can only do six thousand in total to inra for yourself. So what yu'll need to do is contact arae custodiand we do tese at directed yray for clients that have to deal with this. Don't feel bad rod, this i mon thing. Get that back out

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