Hello investing community. I have a question regarding IRA’s and the recent limit increase. I saw they increased the limit for a independent filer to $138,000 to year.
The previous limit excluded me from participating. However, the new limit may allow me to.
My target income is $110,000 however after commissions this year I will likely surpass that.
If I open an IRA and then surpass the limit, what would happen?
Submitted August 30, 2023 at 06:32AM by GlobalLemon4289 https://ift.tt/UPfI0Eh
