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-   -   SIMPLE ira contribution limit (https://www.early-retirement.org/forums/f30/simple-ira-contribution-limit-19171.html)

chrisdut 01-11-2006 04:17 PM

SIMPLE ira contribution limit
 
What is the Simple IRA employee contribution limit for 2006? I have found conflicting information ($10,000 and $10,500).

MasterBlaster 01-11-2006 04:30 PM

Re: SIMPLE ira contribution limit
 
The limits for a Simple IRA are $12.5 k from each the employee and company for a total of $25k. But there are limits based on income etc.

here's a link to a calculator that will figure how much you can contribute:

https://flagship2.vanguard.com/VGApp/...late&NavStep=1




pinkmali 01-11-2006 05:52 PM

Re: SIMPLE ira contribution limit
 
younger than 50 = 10k
over 50 = 12,500 w/ catchup provision
Robin


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