The jurisdiction of the Western District of Oklahoma consists of all the counties in the western part of the state of Oklahoma. The court sits at Chickasha, Enid, Guthrie, Lawton, Mangum, Oklahoma City, Pauls Valley, Ponca City, Shawnee, and Woodward.
The maximum contribution for 2016 is $5,500 (or $6,500 if youâre 50 or older by the end of the year). This dollar limit on annual contributions applies to total IRA contributions (including deemed traditional IRA and Roth IRA set up by an employer as a separate account under a qualified retirement plan).
Roth IRA contribution limits are significantly less than 401(k) contribution limits. For tax-year 2014, individuals may contribute no more than $5,500 to a Roth IRA if under age 50, and $6,500 if age 50 or older.or example, in tax year 2013, normal Roth IRA contributions are limited to $5,500 ($6,500 if age 50 or older); whereas, up to $17,500 could be contributed to a Roth 401(k) account, provided no other elective deferrals were taken for the tax year (no traditional 401(k) deferrals taken).