Common use of Catch-Up Contributions Clause in Contracts

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $1,000 per year.

Appears in 22 contracts

Samples: Ach Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Trust Account Agreement

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Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $500 for years 2002-2005 and $1,000 per yearfor years 2006 and beyond.

Appears in 6 contracts

Samples: cdn.cocodoc.com, Custodial Agreement, Combined Listed

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $1,000 per year. This amount is subject to possible cost-of-living adjustments each year beginning in tax year 2024.

Appears in 5 contracts

Samples: Individual    Retirement   Trust    Account    Agreement, www.transamerica.com, selectedfunds.com

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution contribu- tion to your IRA. The maximum additional contribution is $1,000 per year.

Appears in 5 contracts

Samples: www.stifel.com, Stifel Account, Stifel Account

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your SIMPLE IRA. The maximum additional contribution is $1,000 per year3,500 for 2023, with possible cost-of-living adjustments each year thereafter.

Appears in 2 contracts

Samples: services.federatedhermes.com, selectedfunds.com

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Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution con- tribution is $1,000 per year.

Appears in 1 contract

Samples: Plan Agreement

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution to your IRA is $1,000 per year.

Appears in 1 contract

Samples: Traditional Individual Retirement Custodial Agreement

Catch-Up Contributions. If you are age 50 or older by the close of the taxable year, you may make an additional contribution to your IRA. The maximum additional contribution is $500 for tax years 2002-2005 and $1,000 per yearfor tax years 2006 and beyond.

Appears in 1 contract

Samples: Traditional Individual Retirement Custodial Agreement

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