Getty / Alexander Yates. The Lincoln last name means from the lake colony, or one who came from Lincoln, England. Derived from the Welsh element lynn, meaning lake or pool and the Latin element colonia, meaning colony..Surname Origin: English.Alternate Surname Spellings: LYNCOLN.etty / Alexander Yates. The Lincoln last name means from the lake colony, or one who came from Lincoln, England. Derived from the Welsh element lynn, meaning lake or pool and the Latin element colonia, meaning colony..
You can deduct your contributions if you qualify. Your contributions arenât deductible. How much can I contribute? The most you can contribute to all of your traditional and Roth IRAs is the smaller of: $5,500 (for 2015 - 2018), or $6,500 if youâre age 50 or older by the end of the year; or; your taxable compensation for the year. What is the deadline to make contributions? Your tax return filing deadline (not including extensions). For example, you can make 2017 IRA contributions until April 17, 2018. When can I withdraw money? You can withdraw money anytime.
With such young kids, you two are probably younger than 50âwhich means you can each contribute $5,000 a year to your individual Roth IRAs, assuming your joint income for the year is below $173,000. (Anyone 50 or older can contribute $6,000 a year.) Overall, don't rush to use every penny of the found money immediately.