Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $1,000 per year.
Appears in 24 contracts
Samples: Customer Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Account Custodial Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $1,000 per year. This amount is subject to possible cost-of-living adjustments each year beginning in tax year 2024.
Appears in 8 contracts
Samples: Individual Retirement Custodial Account Agreement, Traditional Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $500 for years 2002-2005 and $1,000 per yearfor years 2006 and beyond.
Appears in 6 contracts
Samples: Ira Prototype Agreement and Disclosure Statement, Custodial Agreement, Adoption Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution contribu- tion to your IRA. The maximum additional contribution is $1,000 per year.
Appears in 5 contracts
Samples: Wealth Management Agreement, Account Agreement, Account Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your SIMPLE IRA. The maximum additional contribution is $1,000 per year3,500 for 2023, with possible cost-of-living adjustments each year thereafter.
Appears in 2 contracts
Samples: Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your SIMPLE IRA. The maximum additional contribution is $1,000 per year3,500 for 2024, with possible cost-of-living adjustments each year thereafter.
Appears in 1 contract
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution con- tribution is $1,000 per year.
Appears in 1 contract
Samples: Traditional Ira Plan Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution to your IRA is $1,000 per year.
Appears in 1 contract
Samples: Traditional Individual Retirement Custodial Account Agreement
Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $500 for tax years 2002-2005 and $1,000 per yearfor tax years 2006 and beyond.
Appears in 1 contract
Samples: Traditional Individual Retirement Custodial Account Agreement