The Executive Report on Managed Care will provide you with twice-monthly news and information on issues affecting the managed care industry, legislation and regulations, real-life examples of how.
1. A distribution from a Roth IRA is tax-free and penalty-free provided that the five-year aging requirement has been satisfied and one of the following conditions is met: age 59Â½, death, disability, qualified first time home purchase. 2. You must be at least 18 to open an IRA at Fidelity. 3. $7.95 commission applies to online U.S. equity trades in a Fidelity account with a minimum opening balance of $2,500 for Fidelity Brokerage Services LLC retail clients.
Regular Limits. As of tax year 2010, the annual IRA contribution limit is $5,000 for people under 50. If you have more than one IRA, whether individual or Roth, your total contributions cannot exceed this limit.For example, if you put $2,800 into one IRA in 2010, you can only put $2,200 in your other account that year.atch-Up Contributions. To encourage retirement saving among older workers, the IRS allows wage earners 50 and older to contribute an addition $1,000 per year total to their accounts as of 2010. So, a 58-year-old with two IRAs can contribute $3,800 to one IRA and $2,200 to another.