ira limits

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ira limits
IRA Contribution Limits

Year Contribution CatCh-up Contribution

2006-2007 $4,000 $1,000

2008 $5,000 $1,000

2009 and beyond Indexed to inflation Indexed to inflation







Traditional IRA Phase-out Range and Limits

Year Single Married, Filing JointlY

2007 and beyond $50,000 - $60,000 $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 Single Married, Filing JointlY

2007 $99,000 - $114,000 $156,000 - $166,000

2008 Indexed to Inflation Indexed to Inflation

2009 Indexed to inflation Indexed to inflation

2010 Limit removal 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 Contribution CatCh-up Contribution

2007 $15,500 $5,000

2008 $16,000 $5,000

2009 $16,500 Indexed to inflation

2010 $17,000 Indexed to inflation







403(b) Contribution Limits

Year Contribution CatCh-up Contribution

2007 $15,500 $5,000

2008 $16,000 $5,000

2009 $16,500 Indexed to inflation

2010 $17,000 Indexed to inflation


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