Excess Contributions to Roth IRAs. Example: Suppose you contribute $5,500 to a Roth IRA early in 2014, expecting your modified AGI to be below the income limitation for Roth IRA contributions. At the end of the year you find that your modified AGI is higher than expected and your Roth IRA contribution limit is $3,500.or example, suppose you made a $5,500 contribution to a Roth IRA early in 2014, then got a larger bonus than you expected and found that due to the income limitation your permitted contribution was only $4,300. Your excess contribution was $1,200.
zest. n. 1. invigorating or keen excitement or enjoyment: a zest for living. 2. added interest, flavour, or charm; piquancy: her presence gave zest to the occasion. 3. (Cookery) something added to give flavour or relish.4. (Cookery) the peel or skin of an orange or lemon, used as flavouring in drinks, etc. vb. 5.erb. 1. zest-add herbs or spices to. spice up, spice. cookery, cooking, preparation-the act of preparing something (as food) by the application of heat; cooking can be a great art; people are needed who have experience in cookery; he left the preparation of meals to his wife.
Zest is a kind of zeal or enthusiasm. If you've got a zest for something, you put your whole heart and soul into it. Dancers who have great zest leap, kick, and soar their way around the stage with a kind of joyful energy. Oddly enough, zest can also be the outer peel of a lemon or orange, which chefs scrape into their dishes when they want to add some tartness and tanginess to a recipe. People who live with that same kind of spice are said to have a zest for life.. In other words, they live their lives with a lot of flavor and gusto.