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Alicia Sisk Morris CPA | Tax Tip Monday: Retirement Savings

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Tax Tip Monday: Retirement Savings

10 Nov Tax Tip Monday: Retirement Savings

Posted at 15:20h in Individual Tax, Tax Tip Monday, Uncategorized by Alicia 0 Comments

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Tax Tip on retirement planning for 2014 and 2015. Its not to late to make tax deductible donations for this year to help with lowering your taxable income.

2014 and 2015, the maximum you can contribute to all of your traditional and Roth IRAs is the smaller of:$5,500 ($6,500 if you’re age 50 or older), or your taxable compensation for the year.

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2014, 2015, 28787, Asheville, contributions, deductions, donations, IRA, NC, retirement, retirement savings, Roth IRA, savings, tax, tax tips, taxable income, tips, Traditional IRA, Weaverville

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