A continuance without a finding (also sometimes called a continuation without a finding), or a CWOF (pronounced âquaffâ). It is similar to a nolo contendere or no contest plea in other states.
Every fall, the IRS announces the contibution and income limits for the next calendar year. For 2016, these limits see very minor changes. (The information below also includes the limits for 2015.) Contribution Limits Unchanged The total amount you can contribute to either a Roth IRA or a Traditional IRA remains unchanged at $5,500. People â¦ Continued
Roth IRA contribution limits: The amount you can contribute is reduced â and eventually eliminated â at higher incomes. Traditional IRA deduction limits: The IRS limits or eliminates your ability to deduct your contributions at certain incomes if youâre also covered by a retirement plan at work.