Tag Archives: inheriting an ira

Inherited IRA Rules

There are several types of IRA but let us look into the type most Americans opt to have – the Roth IRA. Several rules govern this type of account and most are from the IRA basics like contribution rules, and distribution rules.

IRA Contribution Rules

Roth IRA contribution limits 2011 are very simple. Every working individual who receives salaries, wages, bonuses, professional fees and even tips can contribute to a Roth IRA account as long as they don’t exceed the income limits set for IRA filers.

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