IRA Limits for both deductible contributions and non-deductible contributions

[Guest jhilliard]

Can someone give me the new limits for both deductible and non-deductible contributions into an IRA?

Any help would be great.

Thanks!

[Appleby]

See http://www.investopedia.com/university/ret...ns/ira/ira2.asp

The limit is the same whether the contribution is deductible or not.

Also, if the individual contributes to a Roth and a traditional, the limit ( for instnace $3,000) must be split between both IRAs

[Guest jhilliard]

Appleby - Thanks I appreciate your efforts!

Have a great day!