The jurisdiction of the Western District of Oklahoma consists of all the counties in the western part of the state of Oklahoma. The court sits at Chickasha, Enid, Guthrie, Lawton, Mangum, Oklahoma City, Pauls Valley, Ponca City, Shawnee, and Woodward.
The maximum contribution for 2016 is $5,500 (or $6,500 if youâre 50 or older by the end of the year). This dollar limit on annual contributions applies to total IRA contributions (including deemed traditional IRA and Roth IRA set up by an employer as a separate account under a qualified retirement plan).
Roth IRA phase out. Like the Traditional IRA, the IRS has phase out rules for Roth IRA contributions. Tax filers will be able to contribute the maximum amount to their IRA if they donât exceed certain income limits.1  Single, Head of Household, or Married Filing Separately can contribute the maximum if their MAGI is $116,000 or less.he 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.