The maximum Roth IRA contribution for 2024 is $8,000 if you’re age 50 or older, or $7,000 if you’re younger. That’s per person; couples can double the amount if they both have IRAs.
The wage being offered for the position will determine if you need to apply for a Labour Market Impact Assessment (LMIA) under the stream for high-wage positions or the stream for low-wage positions.
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