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  • I am 64 years old and I am on social security. In January 2011, I made a 2010 contribution to my IRA. In doing my 2010 taxes I was penalized 6% on the contribution. Why?

    Answer provided by Appleby Retirement Consulting Inc. Appleby Retirement Consulting Inc provides Consulting, Coaching and Content on IRAs and other retirement plans to Financial, Tax and Legal professionals. 

  • When can an employer terminate a SIMPLE IRA plan?