This fact sheet provides the information for fiscal. years 1989 through 1993 and, where possible, fiscal year 1994. Results in Brief Although exact payment figures were not readily available, at least. $87.4 million was paid by federal agencies and the Judgment Fund to.
The Traditional and Roth IRA contribution limits are $5,500 for those under age 50. Persons age 50 and over can make additional catch up contributions of $1,000, for a total contribution limit of $6,500.
You can definitely contribute to both a Roth IRA and a traditional IRA during the same tax year, but you can only contribute the maximum IRA contribution across both types of accounts. For 2016, the contribution limits are $5,500 for those under the age of 50, and $6,500 for individuals ages 50 and older.