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re: Dividend stocks and DRIPs as a long term investment vehicle

Posted on 6/24/13 at 8:24 am to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89613 posts
Posted on 6/24/13 at 8:24 am to
quote:

Isn't the max contribution like $5K?


$5,500 per person for 2013.

quote:

Also aren't there income limits too?


Joint income of greater than $183k makes you ineligible. It starts to phase out at $173k.
This post was edited on 6/24/13 at 8:26 am
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/24/13 at 8:26 am to
Ace Midnight thanks, I made under $90k for the first 12 years I worked, what would happen if I had that plan and my income exceeded that threshold say this year?
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