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 |