Yes. Regardless of where the funds come from, the limit may not exceed the stated amount of $7,000 or $8,000 for this 50 and older (for 2025).
Do employer contributions count towards the IRA limit?
Updated over 6 months ago
Yes. Regardless of where the funds come from, the limit may not exceed the stated amount of $7,000 or $8,000 for this 50 and older (for 2025).