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Just Wondering Just Wondering is offline
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Default O/T: BLOG POST OF THE DAY

On 8/21/2012 6:49 AM, Han wrote:
Romney has amassed over 100 million in an IRA. Supposedly IRAs are
limited to something like $6000/year in contributions.


Wrong. Any IRA cap is only on tax-free contributions. You can put as
much over that into an IRA as you please, it's just that only the amount
up to the cap is untaxed.