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Here are the newly announced Roth IRA income limitations.
To contribute directly to a Roth IRA, your income must be under a certain threshold, even if you don't have a retirement plan at work. In this video, Certified Financial Planner® Matt Frankel discusses the 2025 limits the IRS just announced.
*Stock prices used were the midday prices of Nov. 4, 2024. The video was published on Nov. 5, 2024.
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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