IRA Contribution Limits
Year 2006-2007 2008 2009 and beyond Contribution $4,000 $5,000 Indexed to inflation CatCh-up Contribution $1,000 $1,000 Indexed to inflation
Traditional IRA Phase-out Range and Limits
Year 2007 and beyond Single $50,000 - $60,000 Married, Filing JointlY $80,000 - $100,000
* Participants of employer-sponsored retirement plans are subject to additional phase-outs. Please refer to a qualified tax professional or the IRS for specific information.
Roth IRA Phase-out Range and Limits
Year 2007 2008 2009 2010 Single $99,000 - $114,000 Indexed to Inflation Indexed to inflation Limit removal Married, Filing JointlY $156,000 - $166,000 Indexed to Inflation Indexed to inflation Limit removal
* You can contribute to a Roth IRA if your income falls below the Roth limits. You’re allowed a prorated contribution if your income falls within the phase-out range. If your income exceeds the income range, you do not qualify for a Roth IRA contribution.
401(k) Contribution Limits
Year 2007 2008 2009 2010 Contribution $15,500 $16,000 $16,500 $17,000 CatCh-up Contribution $5,000 $5,000 Indexed to inflation Indexed to inflation
403(b) Contribution Limits
Year 2007 2008 2009 2010 Contribution $15,500 $16,000 $16,500 $17,000 CatCh-up Contribution $5,000 $5,000 Indexed to inflation Indexed to inflation