Series 6: 3.3.1.1. Contributing To An IRA

Taken from our Series 6 Top-off Online Guide

3.3.1.1. Contributing to an IRA

The government puts limits on IRA deduction amounts. All contributions must be made only from earned income, as opposed to passive income. Earned income typically means wages, or as the IRS puts it, taxable compensation. (Passive income, also known as unearned income, includes dividends, capital gains, and interest on securities; Social Security benefits; unemployment benefits; child support; rental income; and inherited funds.) Traditional IRA contributions are limited to $6,000 per individual for 2022, but an additional $6,000 can be contributed to a non-working spouse

+ Read More

More Series 6 Info

What are people saying?

Create an Account

Since you're reading about Series 6: 3.3.1.1. Contributing To An IRA, you might also be interested in:

Series 66 - Partners, Directors, and Managers of Broker-Dealers

Series 28 - Content of Accountant Reports

Series 14 - Exercise

Series 7 - 5.4.2 Hedging Strategies

Series 63 - 1.3.1.3 Net Capital Requirements

Series 3 - 4.2.1.2. Options Clearing

Series 79 - A1.9. Market Capitalization

Series 24 - Minor Rule Violations

Series 22 - Passive Loss Rule

Series 3 - 1.3.4.3. Order Execution

Series 24 - Types of Customer Accounts

Series 7 - 18.3.1.1. Applying for FINRA Membership

Series 66 - Investment Advisers Act of 1940

Series 6 - 7.5.2.2. Death of a Customer

Series 82 - 3.3.1.4.1. Interest Rates and Bond Prices

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Wanted to thank Solomon Exam Prep for helping me Pass my Series 6 TO test yesterday Monday Feb 3rd, 2020. After failing with a competing exam prep I decided to use Solomon's materials and I feel it gave me the edge to pass - YES! Materials are straight forward and concise, I loved using the Exam Simulator on my Android phone and my tablet with ease and simplicity taking as many test questions I wanted, very user friendly. Customer Service is GREAT, Solomon helped extend my Study Guide materials which help me alot too. Thank You and I definitely recommend Solomon.

Anthony Moreno, Primerica

I just took my SIE, Series 6 and Series 63 exams — I took them all on the same day (would recommend breaking them into separate days if you can, but I had specific work reasons I had to get them done). In any event, I PASSED all 3 exams. I used the Solomon materials and was extremely satisfied. Great study materials, I couldn’t have done it without your help. Thank you!

Glenn M., Detroit, MI

Well, I am back! Solomon did it again. I passed the Series 6. All of Solomons materials throughly prepared me for the passing of the SIE and the Series 6. Whose materials will I use for the Series 63? I am glad you asked. I must say it will be Solomon Exam Prep. Thanks again, Solomon your study materials are the best!

Leanene Carriere. Houston, TX

So thankful for Solomon, passed my s6 ! After failing twice on other testing website . Using Solomon help me master the testing questions

Seara Izakson, Primerica, Orlando, FL

I have now used Solomon for the SIE, series 6, and 63. I am ordering my 7 materials now. The structure and resources are right on target. The practice exams are more difficult than the exam which makes taking the exam much easier. I give all of the credit to Solomon for my 100% pass rate so far. I recommend Solomon to all of my coworkers.

Alex Coyne, Northwestern Mutual. Pensacola, FL

I have used Solomon exam prep for the 6/63 and was able to pass on the first try. Now I’m taking the 65 and hope to do the same. I’ve used other recommended exam prep courses and came back to Solomon for the 65 because of ease of use. I would recommend Solomon to anyone that is in need of a securities exam. All the content is laid out in an easy to follow way.

Antonio Mendoza, State Farm. Santa Maria , CA.