Chapter 8. Investing and Retirement

Link: Contribution Limits

The Roth IRA is funded with after-tax money, which allows you to use the money in your retirement account tax free after you retire. There are limits, based on total household income, to the annual contribution amounts. This link will show you the current contribution phase-out limits. Remember, as an adult, you should invest 15% of your household income into Roth IRAs and pre-tax retirement plans.



See latest limits