Month: March 2016

Roth IRAs are funded with after-tax dollars; the contributions are not tax-deductible. The standard Roth IRA contribution limit is $5,500 in 2014 and $6,500 in 2015; however, you can contribute up to $5,500 if your modified adjusted gross income is $121,000 or less in 2014 and $6,500 if your modified adjusted gross income is $130,000…