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
You might not have a choice to suspend your Roth IRA contributions. The IRS sets income limits to determine who may and may not contribute to a Roth IRA. If your income for a given year is above those limits, you will not be permitted to make your Roth IRA contribution for that tax year.