Common use of Xxxx XXX Contribution Eligibility Clause in Contracts

Xxxx XXX Contribution Eligibility. For 2022, your Xxxx XXX contribution limit is reduced (phased out) based on your modified AGI as follows: TAX YEAR 2022 Full contribution if modified AGI is: Partial contribution if modified AGI is: No contribution if AGI is: Married - filing jointly or Qualified Widow(er) $204,000 or less More than $204,000 but less than $214,000 $214,000 or more Married - filing separately N/A less than $10,000 $10,000 or more Single, Head of Household or Married - filing separately and you did not live with your spouse at any time during the year Less than $129,000 At least $129,000 but less than $144,000 $144,000 or more These limits may be adjusted from time to time by the IRS; please refer to Publication 590-A Contributions to Individual Retirement Arrangements (IRAs) for current year limits.

Xxxx XXX Contribution Eligibility. For 20222021, your Xxxx XXX contribution limit is reduced (phased out) based on your modified AGI as follows: TAX YEAR 2022 2021 Full contribution if modified AGI is: Partial contribution if modified AGI is: No contribution if AGI is: Married - filing jointly or Qualified Widow(er) $204,000 198,000 or less More than $204,000 198,000 but less than $214,000 208,000 $214,000 208,000 or more Married - filing separately N/A less than $10,000 $10,000 or more Single, Head of Household or Married - filing separately and you did not live with your spouse at any time during the year Less than $129,000 125,000 At least $129,000 125,000 but less than $144,000 140,000 $144,000 140,000 or more These limits may be adjusted from time to time by the IRS; please refer to Publication 590-A Contributions to Individual Retirement Arrangements (IRAs) for current year limits.