Can you max our your Roth IRA contribution if you only earned $6500 during the year?
Can you max our your Roth IRA contribution if you only earned $6500 during the year? I was just wondering if you were supposed to use the pre-tax amount or post-tax amount. Say you earned $6,500 but post tax it only comes out to $6,000. Can you contribute $6,500 to your Roth IRA or only $6,000?
submitted by /u/dumbquestionssorry