Comments on: ROTH IRA and 401k Contribution Limits

By: Terri

Terri — Tue, 25 Aug 2009 17:19:08 +0000

So the limits may decrease in 2010?

By: Doug Prescott

Doug Prescott — Sun, 19 Apr 2009 23:52:56 +0000

According to the current May 2009 issue of Money Magizine, the 2009 AGI income limits for a ROTH 401K are $120,000 single and $176,000 married.

By: BudgetBoy

BudgetBoy — Wed, 22 Oct 2008 11:58:24 +0000

Dave, thanks for that info. You are correct. I have updated the tables.

By: Dave

Dave — Tue, 21 Oct 2008 21:47:04 +0000

I think the numbers listed here for 2009 are incorrect. The IRS website lists 401k less than 50 as 16,500 and 50+ as 22,000. See http://www.irs.gov/newsroom/article/0,,id=187833,00.html for details.

By: BudgetBoy

BudgetBoy — Thu, 09 Oct 2008 17:58:15 +0000

Yes, I beleive it will only be for the 2010 year that everyone will be able to contribute to a ROTH. Start saving up that $5000!

By: Carol

Carol — Thu, 25 Sep 2008 11:14:37 +0000

So in 2010 everyone is eligible for a ROTH?

By: Saturday Link Love: New Computer Edition (Ask Mr Credit Card’s Blog)

Saturday Link Love: New Computer Edition (Ask Mr Credit Card’s Blog) — Sat, 30 Aug 2008 09:45:47 +0000

[...] ROTH IRA and 401k Contribution Limits at BudgetCents.net – Clearly explained, and simplified, it’s what you need to know about how much you can contribute to your retirement accounts. [...]