Jan 11, 2006 #1 C chrisdut Dryer sheet aficionado Joined Dec 25, 2005 Messages 46 What is the Simple IRA employee contribution limit for 2006? I have found conflicting information ($10,000 and $10,500).
What is the Simple IRA employee contribution limit for 2006? I have found conflicting information ($10,000 and $10,500).
Jan 11, 2006 #2 MasterBlaster Thinks s/he gets paid by the post Joined Jun 23, 2005 Messages 4,391 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: http://flagship2.vanguard.com/VGApp/hnw/SbsCalculatorController?FW_Event=calculate&NavStep=1
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: http://flagship2.vanguard.com/VGApp/hnw/SbsCalculatorController?FW_Event=calculate&NavStep=1
Jan 11, 2006 #3 P pinkmali Dryer sheet wannabe Joined Jan 4, 2006 Messages 16 younger than 50 = 10k over 50 = 12,500 w/ catchup provision Robin