Monday, November 20, 2006

Retirement Plan Limits for 2007

Here are updated contribution limits for 2007 :

401(k) & 403(b) - $15,500 plus $5,000 catch up if 50 or older.
SIMPLE IRA - $10,000 plus $2,500 catch up if 50 or older.
IRA & Roth IRA - $4,000 plus $1,000 catch up if 50 or older.


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