Friday, February 5, 2010

2010 Retirement Contribution Limits

IRA, traditional and Roth
Under age 50__________________ $5,000
Age 50 and older_______________ $6,000

401(k), 403(b) and 457 plans
Under age 50___________________ $16,500
Age 50 and older________________ $22,000

SIMPLE plans
Under age 50____________________ $11,500
Age 50 and older_________________ $14,000

Social Security Wage Base________ $106,800