Comments on: 401K Contribution Limits http://401kmaximum.org 401K Contribution Limits and Other Personal Finance Tips to Maximize Your 401K Wed, 16 Jun 2010 05:58:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: 401K Rules-get a distribution while working? | 401K Maximum http://401kmaximum.org/401k-contribution-limits/comment-page-1#comment-138 401K Rules-get a distribution while working? | 401K Maximum Sat, 24 Apr 2010 06:01:38 +0000 http://401kmaximum.org/?page_id=304#comment-138 [...] 401K Contribution Limits [...] [...] 401K Contribution Limits [...]

]]> By: Fern LaRocca CFP® http://401kmaximum.org/401k-contribution-limits/comment-page-1#comment-137 Fern LaRocca CFP® Wed, 07 Apr 2010 22:48:01 +0000 http://401kmaximum.org/?page_id=304#comment-137 Ed, Here are the limits: 2009 and 2010 SIMPLE IRA Contribution Limits Simple IRA Year Standard Limit Catch-up Limit (Age 50 and older ) 2009 $11,500 $14,000 2010 $11,500 $14,000 Employers are generally required to match each employee's salary reduction contributions, on a dollar-for-dollar basis, up to 3% of the employee's compensation. Please check with your tax advisor to confirm.... Be well, Fern Ed,
Here are the limits:
2009 and 2010 SIMPLE IRA Contribution Limits
Simple IRA
Year Standard Limit Catch-up Limit (Age 50 and older )
2009 $11,500 $14,000
2010 $11,500 $14,000
Employers are generally required to match each employee’s salary reduction contributions, on a dollar-for-dollar basis, up to 3% of the employee’s compensation.

Please check with your tax advisor to confirm…. Be well, Fern

]]> By: Ed Henrich http://401kmaximum.org/401k-contribution-limits/comment-page-1#comment-135 Ed Henrich Sat, 27 Mar 2010 23:21:47 +0000 http://401kmaximum.org/?page_id=304#comment-135 My wife works for a Dr. she has a SIMPLE IRA he puts in 3% of her salary into the account by April 15,2010. Can she have and make contributions to a ROUTH IRA outside of this account I beleave she can. She is also over the age of 50 what is the limit she can put into this account for 2010 $6000? Also what is the max limit for her to make contributions to her 2010 SIMPLE IRA and her 2011 from her salary? Thank you. Ed Henrich My wife works for a Dr. she has a SIMPLE IRA he puts in 3% of her salary into the account by April 15,2010. Can she have and make contributions to a ROUTH IRA outside of this account I beleave she can. She is also over the age of 50 what is the limit she can put into this account for 2010 $6000?
Also what is the max limit for her to make contributions to her 2010 SIMPLE IRA and her 2011 from her salary?
Thank you.
Ed Henrich

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