ALLCHOICE is please to provide you with the updated Retirement Plan Contributions for 2010.
IRA CONTRIBUTION LIMITS
|
YEAR |
AGE 49 & BELOW |
AGE 50 & ABOVE |
|
2002-2004 |
$3,000 |
$3,500 |
|
2005 |
$4,000 |
$4,500 |
|
2006-2007 |
$4,000 |
$5,000 |
|
2008 |
$5,000 |
$6,000 |
|
2009 |
$5,000 |
$6,000 |
|
2010 |
$5,000 |
$6,000 |
ROTH IRA CONTRIBUTION LIMITS
|
YEAR |
SINGLE |
|
2004 |
$3,000 |
|
2005 – 2007 |
$4,000 |
|
2008 |
$5,000 |
|
2009 |
$5,000 |
|
2010 |
$5,000 |
|
2011 |
$5,000 |