Sentences with phrase «combined maximum contributions»

Not exact matches

Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.

However, your combined contributions to them can't exceed the maximums mentioned above: $ 18,000 if you're under 50, or $ 24,000 if you're 50 and up.

A Roth IRA is subject to the same contribution limits as a traditional IRA, the maximum combined annual contribution an individual can make to traditional and Roth IRAs is $ 5,500 in 2018, unchanged from 2017.

With a solo 401 (k) plan, available only to self - employed business owners with no employees (other than a spouse), you can contribute up to $ 18,000 (plus another $ 5,000 if you are 50 or older) to your tax - deferred retirement account as an employee, plus 25 % of your compensation (if your business is incorporated), up to a maximum combined contribution of $ 54,000 in 2017.

(The maximum combined annual contribution an individual can make to traditional and Roth IRAs is $ 5,500 in 2018, unchanged from 2017.)

The maximum is reached when your combined contributions to all of your IRAs meets the limit.

However, to figure the maximum amount you can contribute to a Roth IRA for a year, you must combine the contributions you made to all IRAs.

There is a $ 5,500 maximum annual contribution limit, combined, between Roth and Traditional IRAs.

The current combined employer and employee contribution rates into the Canada Pension Plan are 9.9 percent with a maximum total contribution of $ 4,712.40.