the appearance or semblance of truth; likelihood; probability: The play lacked verisimilitude. something, as an assertion, having merely the appearance of truth.
The contribution limits apply to each individual, so married couples may be able to contribute the contribution limit for both spouses. For example, in 2017, a married couple, both of whom are over age 50, may contribute a total of $13,000 ($6,500 each, if there is enough earned income to support this level of contribution). Note: You may continue to fund your IRA for 2016 through April 18, 2017.
Emily Brandon, writing for US News, explains: Workers can contribute up to $5,000 to an IRA in 2012, or $6,000 if they are age 50 or older. The tax savings from making an IRA contribution in April can be enormous.If an employee who is in the 25 percent tax bracket contributes $5,000 to a traditional IRA, he will save $1,250 on his current tax bill.mily Brandon, writing for US News, explains: Workers can contribute up to $5,000 to an IRA in 2012, or $6,000 if they are age 50 or older. The tax savings from making an IRA contribution in April can be enormous.