The maximum that an individual can contribute to a Roth IRA each year is

Question

Quizplus · Accepted Answer

The maximum contribution an individual can make to a Roth IRA each year is $5,000 (as of 2021). This limit may be adjusted in the future to account for inflation. Option A and B are incorrect because they reflect lower contribution limits for past years, and Option D and E are incorrect because they reflect higher contribution limits for other retirement accounts (e.g., 401(k), 403(b), etc.).

The Maximum That an Individual Can Contribute to a Roth