the appearance or semblance of truth; likelihood; probability: The play lacked verisimilitude. something, as an assertion, having merely the appearance of truth.
But, the Internal Revenue Service sets limits on how much you can contribute each year to an IRA. There are different limits for single taxpayers and married couples because the government recognizes a couple will likely need twice as much money to retire on than one person. Contribution Limits The maximum anyone under the age of 50 can contribute to an IRA is $5,000 per year. The maximum limit for couples is $10,000, and it doesn't matter if that comes from one person or both. IRS rules allow married couples to each make the maximum contribution even if one of the spouses didn't work that year or earn any income.
You can contribute up to $5,500 to a Roth IRA for 2013 or 2014, or $6,500 if youâre 50 or older.The amount you can contribute starts to phase out if your modified adjusted gross income for 2013 was more than $112,000 if youâre single or $178,000 if married filing jointly.dvertisement. And if youâre married and your joint income falls within the Roth IRA limits, your spouse can contribute to a Roth IRA, too -- even if he or she isnât working -- as long as one of you has earned income from a job.