Age 50 Extension limit rules for IRA codes in PS 9.2
Hello,
Standard PS does not provide a Limit set up for the age 50 extension for IRAs
Ref:
How to incorporate savings plan limits in the following manner using the limit table.
- Roth IRA - $7000 for under age 50. And $8000 above age 50.
- Traditioanl IRA - $7000 for under age 50. And $8000 above age 50.
Any thoughts?
Thank you,
Darsh
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