IRA Contribution Limits 2010 and 2011
IRA Contribution Limits For several years, the contribution limit for an IRA stayed at $2,000, but policymakers realized that inflation made this limit inadequate for meeting the retirement planning needs of individuals. If you are using IRAs to fund your retirement, there is some good news about the 2010 and 2011 limits. IRA Contribution Limits [...]
Source: SEP IRA Blog
2010 IRA Contribution Limits
IRA Contribution Limits 2010 If you are below 50 years old at the end of 2010: The maximum contribution that you can make to a traditional or Roth IRA is $5,000 or the amount of your taxable wages for 2010, whichever is smaller. This limit can be split between a traditional and a Roth IRA, [...]
Source: SEP IRA Blog
Retirement Ready with the SEP Traditional IRA
A Simplified Employee Pension plan, referred to as a SEP, isessentially a grouping of traditional IRAs managed for employees. The SEP traditional IRA was developed to benefit small businesses and self-employed people, and isfrequently the plan of choice for sole proprietorships, LLCs, S and C corporations, and partnerships. In the small business model , an employee, [...]
Source: SEP IRA Blog