Elite Pharmaceuticals Inc (ELTP): You have to be careful if you put money...

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Elite Pharmaceuticals Inc (ELTP)

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Re: NASDAQ2020 post# 392325

Monday, 12/18/2023 10:36:49 AM

Monday, December 18, 2023 10:36:49 AM

You have to be careful if you put money into the Roth because if you make too much profit you will have to un-invest the limit. If Elite takes off and some shares are sold that could push some over the income limit.

To contribute to a Roth IRA, single tax filers must have a modified adjusted gross income (MAGI) of less than $153,000 in 2023. In 2024, the threshold rises to $161,000. If married and filing jointly, your joint MAGI must be under $228,000 in

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