Over-50 person has $5000 gross income from part-time teaching.
Because part-timers are eligible for state 401k plan, he contributed
$1500 to 401k.
What is the max he can contribute to Roth - $5000 or $3500?
-HW "Skip" Weldon
Columbia, SC
--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.
