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The minimum initial contribution to open an iTrustCapital account is $1,000. The maximum annual contribution is based on IRS limitations. There is no maximum amount for IRA transfers or qualified plan rollovers. Each additional cash contribution has a minimum of $500.
The maximum annual cumulative contribution to either a Traditional and/or Roth IRA is $6,000 if you are under 50 years old and $7,000 if you are 50 years or older. The maximum contribution for SEP IRAs is $61,000 for 2022.
For more information, please visit the IRS website.
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