IRA Contribution Limits

Here’s our quick reminder about IRA Contribution Limits for 2013:

IRA

Age 49 and below: $5,500

Retirement Calculator

Age 50 and above: $6,500

401k

Age 49 and below: $17,500

Age 50 and above: $23,000

403b

Age 49 and below: $17,500

Age 50 and above: $23,000

SEP IRA

Max Dollar Allocation: $51,000

Max Considered Compensation: $255,000

 

See more charts fore Retirement Plan Limits at: http://www.themoneyalert.com/Retirement-Plan-Limits.html