Welcome! | Ask A Question
Asked 2/9/2008
|
Catch up contributions Can you tell me if a couple is married, one is retired, one is still working,is in a 401K at work and contributing $5000 to a catch up. Both are over 65. Is the one retired eligible for a $5000 catch up contribution to a Roth IRA? Thank you.
|
Type your Answer in the box below and post your answer.
Related Questions (Ask a New Question)
Please explain the rules of catch up contributions. do you have to contribute the maximum amount before making a catch up contribution? is a catch up contribution treated the same for discrimination testing purposes?
Need to know how the over 50 rule is applied. do you need to be 50 january 1st, or just turning 50 durring the year to be eligible for catch up contributions?
I am 54 and retired. i have a 401k that i made post-tax contributions to and my previous employer also matched my contributions. i realize that taxes will have to be paid on withdrawal of the employer-made contributions and any interest received on my contributions, as well as theirs. but can i withdraw...
|
Explain catch up contributions. Please explain the rules of catch up contributions. do you have to contribute the maximum... |
|
I'm turning 50 in october 2009. am i eligible for the catch up contributions in 2009? Need to know how the over 50 rule is applied. do you need to be 50 january 1st, or just turning... |
|
Can i withdraw post-tax funds from my 401k? I am 54 and retired. i have a 401k that i made post-tax contributions to and my previous... |
|
I am being displaced april 15th. how does that affect max contributions? I am over 55 and will not seek re-employment. my contribution to date is 22%, can i contribute... |
|
Can an employer impose a limit on 401k contributions that is less than allowed? I am over 50 and want to use the catch up $5500 this year, but my employer says the planis... |
|
If you use the $5000 catch up option (> 50 yrs old), do you need to max out at $15,500 first? And if you do decide to opt for the catch up, can it be paid in incremental amounts or must... |
Ask A Question
Ask a new question about
401k:
About
| Contact Us
| Membership Agreement
| Privacy Policy
| Site Map
| Advertise on this Site
Copyright © 401kQuestions.net 2012. All rights reserved.