Assertion: ira contribution | /r/HasProperty | limited to 5,500 per person
Facets:
value: for the 2016 tax year
type: OTHER
Source sentences:
text: For the 2016 tax year, Roth IRA contributions are limited to $5,500 per person, with an additional $1,000 "catch-up" contribution allowed for individuals over 50, for a total of $6,500.