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.
There is a maximum amount you can put in every year into an IRA. As of 2011, it is currently $5000/year for anyone age 49 and below; $6000/year if you are age 50 and above. Contributions to a Roth IRA are not tax-deductible. When you make withdrawals from your Roth IRA, your withdrawals come out tax-free.es, but combined contribution limits apply. For 2008 the maximum contribution amount is $5,000 for individuals under 50 years of age and $6,000 for those over 50. If you are â¦ under 50 and contribute $2,000 to your Roth IRA then you can only contribute $3,000 to your Traditional IRA.