Maximum Deductible Contribution

Maximum Deductible Contribution (MDC): the maximum amount per annum allowed to be contributed into a superannuation fund for which a tax deduction is allowed. The limit is dependent on your age.

Maximum Deductible Contribution (MDC): the maximum amount of super contributions per annum for which a tax deduction is allowed. The limit is dependent on your age.

The maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your modified adjusted gross income (modified AGI).

See also: Offer, Order, Portfolio, Stock, Market